Amazon in talks to buy AI chip software startup Decart for about $7bn

Amazon in talks to buy AI chip software startup Decart for about bn

Amazon is in talks to buy the AI startup Decart in a deal that could value it at about $7bn, The Wall Street Journal reported on Sunday. Kate Clark and Lauren Thomas reported the talks, citing people familiar with the matter.

A deal could come soon if the talks do not fall apart and no other buyer steps in, the Journal said. TNW has not independently verified the report. Amazon declined to comment outside regular business hours, and Decart did not respond to requests for comment, Reuters reported.

What Decart makes

Decart’s software makes it easier for developers to move between different AI chips, according to the Journal. The paper said that ability matters more as companies race to secure computing power.

Decart calls that software layer DOS. It also builds its own models: Lucy and Oasis. Lucy changes live video as it plays, and Oasis creates interactive worlds for robots and other physical AI.

Brothers Dean and Orian Leitersdorf founded Decart in 2023…

https://thenextweb.com/news/amazon-decart-7bn-acquisition-talks-wsj