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Descartes
Trends
- 1Amazon in talks to buy Israeli AI startup Descartes for $7 billion▼Amazon may acquire Israeli AI startup Descartes for about $7 billion
Amazon is reportedly considering acquiring Descartes, an Israeli artificial intelligence startup, in a deal worth approximately $7 billion. The news, first reported by Israeli outlet Ynetnews, highlights continued Big Tech interest in AI companies as competition for advanced AI capabilities intensifies. Details about Descartes' technology and the state of negotiations have not yet been confirmed by either company.
- 2US ocean container imports hit record September volume▼US ocean container imports set new record for September, Descartes says
US ocean container imports reached a new record for the month of September, according to logistics data firm Descartes. The milestone points to strong import demand heading into the holiday season, even as tariffs and supply chain shifts continue to reshape global shipping flows. Analysts and shippers are watching whether the surge reflects front-loading of goods or sustained consumer demand.