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Amazon in Talks to Buy AI Startup Decart for Around $7 Billion, WSJ Reports
The startup builds real-time video editing and simulation models and was valued at nearly $4 billion in May, according to PitchBook data.
- On Sunday, The Wall Street Journal reported that Amazon is in talks to acquire AI startup Decart for around $7 billion, citing people familiar with the matter.
- Founded in 2023 by Israeli engineers Dean, Orian Leitersdorf, and Moshe Shalev, Decart specializes in real-time AI, developing the Lucy model for video editing and Oasis for robotics simulation.
- A $300 million funding round in May led by Radical Ventures valued Decart at nearly $4 billion, with Nvidia joining as a new investor.
- Anthropic previously explored acquiring Decart for about $6 billion in August, but the maker of The Claude decided against the purchase after due diligence in September.
- The purchase could wrap up soon if negotiations do not collapse, though Amazon and Decart have not commented on the reports, leaving the deal's outcome uncertain.
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(Seoul = Yonhap News) Reporter Joo Jong-guk = Amazon is discussing a plan to acquire Israeli artificial intelligence (AI) startup Descartes for $7 billion (approximately 9.4 trillion won)...
·Seoul, Korea (the Republic of)
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Amazon is in negotiations to acquire the artificial intelligence startup Decart AI. The operation is valued at about $7 billion, informed the Wall Street Journal this Sunday. The acquisition can be concluded soon if the negotiations do not fail, according to people familiar with the subject told the newspaper. In September, Antropic gave up acquiring Decart AI. The creator of the chatbot Claude had negotiated the purchase of the startup for abou…
·Rio de Janeiro, Brazil
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Amazon in talks to buy AI startup Decart for around $7 billion, WSJ reports
·London, United Kingdom
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Coverage Details
Total News Sources14
Leaning Left0Leaning Right4Center3Last UpdatedBias Distribution57% Right
Bias Distribution
- 57% of the sources lean Right
57% Right
C 43%
R 57%
Factuality
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