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Amazon Reportedly in Talks to Acquire Israeli AI Startup Deci for $7 Billion
Amazon is reportedly in talks to acquire Israeli AI startup Deci for about $7 billion, a significant increase from its recent valuation. The potential deal follows Anthropic's withdrawal from a $6 billion acquisition.
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What happened
- 01Amazon is negotiating to acquire Israeli AI startup Deci for approximately $7 billion.
- 02The potential acquisition price represents a near doubling of Deci's valuation in a few months.
- 03Deci recently raised $300 million in May at a valuation of nearly $4 billion.
- 04Investors in Deci's previous funding round included Nvidia and Adobe Ventures.
- 05The deal follows Anthropic's withdrawal from a $6 billion acquisition.
Deci had previously raised over $400 million, including a $300 million round in May at a nearly $4 billion valuation with investors like Nvidia.
The coverage
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