Full coverage· Tech· Updated 13 Aug, 13:11

Decart Positions Israel as Key Player in AI Models with $6 Billion Anthropic Deal

Israeli AI startup Decart is nearing a $6 billion acquisition by Anthropic, establishing Israel as a key player in AI model development. Decart's technology significantly boosts AI chip efficiency, reducing costs amid rising demand for AI inference.

8 newsrooms · 1 language · since 13 Aug, 06:17

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Decart Positions Israel as Key Player in AI Models with $6 Billion Anthropic Deal — Illustration by baba

What happened

01Decart is set for a $6 billion acquisition by AI leader Anthropic, creating an Israeli AI development hub.
02Decart's tech boosts AI chip efficiency, enabling models to run up to eight times faster and lowering costs.
03The deal highlights Israel's growing role in AI amid rising global computational demands.
04Anthropic plans the acquisition ahead of its $2 trillion IPO expected in late 2024.
05Decart's real-time video tech supports AI robotics, expanding its strategic value.
06Despite no sustainable business model yet, Decart is Israel's top promising AI startup for 2025.

The deal precedes Anthropic's planned IPO and could attract further global AI investments to Israel.

Translated and summarized by baba from Calcalist, the latest report. Read Calcalist’s original

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