Amazon eyes Decart acquisition at $7 billion as AI chip race intensifies

Amazon eyes Decart acquisition at  billion as AI chip race intensifies

Amazon is in talks to acquire artificial intelligence (AI) startup Decart for around $7 billion and the deal could be finalised soon, the Wall Street Journal reported.

 

The acquisition would give Amazon access to technology that helps developers run AI workloads across different chips. This capability could become increasingly important as technology companies seek alternatives to Nvidia’s processors and compete to secure computing capacity.

 

San Francisco-based Decart develops software that helps optimise AI models for different processors, allowing developers to move workloads between chips more easily. The startup also develops AI models capable of generating and simulating three-dimensional environments, with potential applications in robotics, gaming and autonomous driving.

  

Amazon’s AI chip ambitions

 

The acquisition talks come as Amazon expands its portfolio of custom AI chips through Amazon Web Services (AWS), its cloud computing division. Its Trainium processors are…

https://www.business-standard.com/industry/news/amazon-talks-acquire-ai-startup-decart-7-billion-126101200176_1.html