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Amazon Negotiates Roughly $7 Billion Acquisition of AI Startup Decart

🇺🇸TechnologyBusiness

Amazon is reportedly negotiating to acquire AI startup Decart for about $7 billion, seeking software that could make its Trainium chips more useful to developers and reduce reliance on Nvidia hardware.

The Wall Street Journal reported that an agreement could be reached soon, although the negotiations could still collapse or attract another bidder. Decart develops technology that allows AI workloads to run across different types of processors, potentially making it easier for customers to move models between Nvidia GPUs, Amazon’s Trainium chips and other systems. The San Francisco-based company also makes Lucy, an AI model for real-time video editing, and Oasis, which generates simulated environments for robotics and autonomous-driving research.

Decart was valued at nearly $4 billion in May after raising $300 million in a funding round that included Nvidia. The proposed purchase would represent a significant premium over that valuation and could become one of Amazon’s largest recent technology acquisitions. Amazon has not publicly confirmed the talks, while Decart also declined to comment, according to reports.

The discussions follow reports that Anthropic considered buying Decart but abandoned that effort after due diligence.