Report: Amazon in talks to buy AI start-up Decart for around $7 billion
The start-up built by Israeli founders develops software for running AI on different chips and edits live video in real time. Anthropic had already shown interest in the summer – and walked away.
Archive image · Photo: Tony Webster from Minneapolis, Minnesota, United States / Wikimedia Commons, CC BY 2.0 (cropped and resized)
Amazon is in talks to acquire AI start-up Decart, The Wall Street Journal reported on Sunday. The price could be around $7 billion, the paper said, citing people familiar with the matter. A deal could come soon unless the talks collapse or another bidder emerges. Reuters could not immediately verify the report; Amazon and Decart did not comment.
Decart was founded in 2023 by Dean Leitersdorf, Orian Leitersdorf and Moshe Shalev. The company develops software that makes AI workloads run more efficiently on different types of chips – of interest to Amazon's cloud unit AWS, which competes with Nvidia using its own Trainium chips. Decart is also known for its Lucy model, which edits live video in real time, and Oasis, which generates simulated environments for training robots and self-driving vehicles.
In May, Decart raised $300 million in a round led by Radical Ventures that Nvidia also joined; PitchBook put the valuation at nearly $4 billion. According to Bloomberg, Anthropic had already explored a takeover for around $6 billion in August but dropped the plan in September after due diligence.