Amazon in Talks to Buy AI Startup Decart for Around $7 Billion
Amazon is in talks to acquire AI startup Decart in a deal reportedly worth around $7bn, as competition intensifies for AI computing power and chip technology.
< 1 min
Amazon.com AMZN 3.29%increase; is in talks to acquire artificial-intelligence startup Decart in a deal that could be valued at around $7 billion, according to people familiar with the matter.
San Francisco-based Decart’s software makes it easier for developers to switch between different AI chips, a capability that is becoming increasingly important as companies race to secure more computing power.
A deal could come together soon, the people said, assuming talks don’t fall apart or another suitor doesn’t emerge.
Decart has raised more than $400 million in venture capital funding from investors including Sequoia Capital, Benchmark and Radical Ventures, according to PitchBook. It was valued at nearly $4 billion in May.
The company was founded in 2023 by three Israeli engineers, brothers Dean and Orian Leitersdorf and Moshe Shalev. Decart is also developing world models called Lucy and Oasis. World models can generate and simulate real-world 3-D environments.
Amazon has developed its own custom AI chip, Trainium3, in competition with Nvidia, which continues to dominate the market for graphics processing units, the specialized chips powering the AI boom. Amazon Web Services gave Decart early access to the chip in 2025 after meeting with the company and being impressed by its founders, The Wall Street Journal has reported.
Amazon’s other sizable acquisitions in recent years include a $6.5 billion deal for the MGM movie and television studio in 2022 and a roughly $11 billion deal for Starlink rival Globalstar announced earlier this year.
Copyright 2020, Dow Jones & Company, Inc. All Rights Reserved Worldwide. LEARN MORE
Studio apartments have almost disappeared from new Australian developments. Lura is bringing them back to Burleigh Heads from $495,000.
Porsche’s Cayenne Turbo Electric produces up to 1,156PS and reaches 100km/h in a claimed 2.5 seconds.
Bjorn Farrugia was named for Björn Borg, the ice-cool Swede who once ruled Wimbledon’s Centre Court, and for a long stretch of his young life the name felt like a mandate
3 min
A tennis scholarship took him to America two decades ago with no return ticket in mind. Today the Melbourne-born, Beverly Hills-based agent is one of the most decorated names in Los Angeles luxury real estate — and still calls himself an Australian first.
From bushland greens to valley reds, the country’s most awarded designers are proving that the best colour palette was never on a swatch card; it was outside the window all along.
Set on one of the city’s last absolute riverfront sites, The Riversdale by Mosaic combines irreplaceable waterfront ownership with one of Brisbane’s most significant residential opportunities.
