E-commerce and cloud-computing behemoth Amazon.com Inc. (AMZN, Financials) is allegedly eyeing a roughly $7 billion acquisition of artificial-intelligence company Decart as it aims to enhance its position across AI software, infrastructure and real-time video.
Founded in 2023, Decart produces software that enables AI models to function on many processors and world models, such as those used in e-commerce, gaming and robotics.
Amazon is already Decart’s biggest customer and has used its technology across industries like Twitch, online shopping and its film and television activities, the report said.
That existing relationship might make the possible purchase desirable on strategic terms. Decart’s software also operates on several chip architectures, which might complement Amazon’s drive to sell its own Trainium AI chips.
The estimated price would be a steep premium to Decart’s value of roughly $4 billion in May when the business secured $300 million in a fundraising round that included…
https://www.tradingview.com/news/gurufocus:1c4cda19d094b:0-amazon-may-spend-7-billion-on-decart/



