Saved StoriesCatch upNotificationsSettings

Sign in to baba News

One account across the web, iPhone and Android — your subscription follows it.

or use an email code

By continuing you agree to the terms and privacy policy.

Search stories

Type at least two characters. Results come from every newsroom baba reads.

↑↓ to move · ↵ to open · esc to close

Sign in to baba News

Sign in to keep asking. News Plus removes the daily limit.

or use an email code

By continuing you agree to the terms and privacy policy.

Full coverage· Tech· Updated

AI Startup Decart Deal With Anthropic Collapses Amid Valuation and Relocation Disputes

Israeli AI startup Decart's $6 billion acquisition deal with Anthropic has collapsed. Potential reasons include Anthropic's demand for relocation to San Francisco and strategic concerns related to Anthropic's upcoming IPO. The deal's failure is seen as a blow to Israel's AI sector.

13 newsrooms · 3 languages · since

Sign in to baba News

Sign in to save this article and find it on your phone.

or use an email code

By continuing you agree to the terms and privacy policy.

AI Startup Decart Deal With Anthropic Collapses Amid Valuation and Relocation Disputes
Illustration by baba

What happened

  1. 01Israeli AI startup Decart's $6 billion acquisition by Anthropic has been canceled.
  2. 02Relocation demands and IPO strategy are cited as potential reasons for the deal's collapse.
  3. 03Decart reportedly rejected a higher offer from Nvidia before negotiating with Anthropic.
  4. 04The cancellation is a setback for Israel's burgeoning AI industry.
  5. 05Decart specializes in real-time AI processing for video, image, and audio.
Translated and summarized by baba from Globes, the latest report. Read Globes’s original

The coverage

13 newsrooms on this story

Who covered it

  • LeftNone
  • Centre4
  • Right1
  • Haredi1
  • ArabNone
  • Other7+2

How it broke

See which of the 13 newsrooms broke it, and who waited