✉news BusinessStartups first seen 1 d ago, last 23 h ago, peak #10
Amazon in talks to buy Israeli AI startup Descartes for $7 billion
Original: 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.
Why now: A potential multibillion-dollar acquisition by Amazon signals the ongoing race among tech giants to secure leading AI startups.
Evidence
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