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Israeli AI Firm Decart Explores $5 Billion Acquisition Following Nvidia Funding

By אסף גלעד
Translated & summarized from Globes by baba
The story · English

Decart, an Israeli artificial intelligence company developing its own language model, has begun negotiations for a potential acquisition valued at approximately $5 billion. This development comes just three months after Decart raised capital from Nvidia at a $4 billion valuation. One of the acquisition offers reportedly under consideration is from Nvidia itself, which has been actively investing in Israeli tech firms and is gradually establishing a software development center in Tel Aviv. Neither Decart nor Nvidia has commented on the reports so far.

Read the original at Globes
Full coverage · 3 outlets
First: Calcalist · Aug 10

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Related stories · 4

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