By News Agencies
Publication Date: 2026-10-12 01:30:00
The company has raised more than $400 million from venture capital firms, including Sequoia Capital, Benchmark and Radical Ventures. In May, it was valued at nearly $4 billion.
Decart was founded in 2023 by three Israeli engineers: brothers Dean and Orian Leitersdorf and Moshe Shalev. Alongside its chip-related software, the company is developing other AI models, including Lucy and Oasis, capable of generating and simulating three-dimensional environments based on the real world.
Amazon has developed its own AI chip, Trainium 3, to compete with Nvidia, which continues to dominate the market for graphics processing units powering the AI boom. According to an earlier Wall Street Journal report, Amazon granted Decart early access to its chip in 2025 after being impressed by the company’s founders.




