Amazon in Talks to Acquire Israeli AI Startup Decart for Up to $7 Billion
Translated & summarized from Vesty by baba
Amazon is in talks to acquire Israeli AI startup Decart for as much as $7 billion, according to The Wall Street Journal. Decart, founded in 2023 by three Israeli engineers, develops AI models for generating 3D environments. The company has raised over $400 million and was valued at nearly $4 billion in May. Amazon's interest comes as it develops its own AI chips to compete with Nvidia.
The story in 6 lines · by baba
- Amazon is negotiating to buy Israeli AI startup Decart for up to $7 billion.
- Decart was founded in 2023 by three Israeli engineers, including brothers Dean and Orian Leiterstorf.
- The startup develops AI models capable of generating and simulating real-world 3D environments.
- Decart has raised over $400 million in venture capital and was valued at nearly $4 billion in May.
- Nvidia and Anthropic had previously shown interest in acquiring Decart.
- Amazon is seeking to compete with Nvidia in the AI chip market.
Amazon is reportedly in negotiations to acquire Decart, an artificial intelligence startup, in a deal potentially valued at up to $7 billion. The Wall Street Journal reported on Monday, October 12, that an agreement could be reached soon, provided the talks do not falter, as they did previously with Nvidia and Anthropic, both of which had also expressed interest in purchasing the company.
Decart, based in San Francisco, was founded in 2023 by three Israeli engineers: brothers Dean and Orian Leiterstorf, and Moshe Shalev. The company develops world models named Lucy and Oasis, capable of generating and simulating real-world 3D environments.
According to PitchBook data cited by the WSJ, Decart has secured over $400 million in venture capital funding from investors including Sequoia Capital, Benchmark, and Radical Ventures. In May, the startup's valuation was nearly $4 billion.
The report also notes that Amazon has developed its own AI chip, Trainium3, to compete with Nvidia's dominant market share in graphics processors used for AI systems. In 2025, Amazon Web Services granted Decart early access to this chip following a meeting and positive assessment of the startup's founders.
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