Amazon.com Inc. is reportedly engaged in discussion over the potential acquisition of artificial intelligence developer Decart.ai Inc. in a deal that could be worth up to $7 billion.
Decart has developed software that makes it easier for developers to run their AI models on different processors, which has proven to be a valuable capability as companies scramble to secure the computing infrastructure for their AI applications.
A report in the Wall Street Journal today cites people familiar with the talks as saying that a deal could be wrapped up in the coming days, assuming the discussions don’t break down or another suitor doesn’t emerge.
Decart most recently raised $300 million at a $4 billion valuation in May, bringing its total amount raised to over $400 million. Its main investors include Radical Ventures, Nvidia Ventures, Adobe Ventures, Sequoia Capital and Benchmark. The startup was founded in 2023 by a trio of Israeli software engineers, including brothers Dean and Orian…
