✉news BusinessStartups first seen 15 h ago, last 15 h ago, peak #35
Amazon to Buy AI Startup Decart for $7 Billion
Original: Amazon Plans to Acquire AI Startup Decart for $7 Billion After Anthropic Considered Bid
Amazon is planning to acquire Israeli AI startup Decart in a deal worth roughly $7 billion. Reports indicate Anthropic had previously considered a bid for the company before Amazon moved in. The acquisition marks another major bet by a tech giant on generative AI infrastructure and model development, and analysts are watching what Decart's real-time video AI technology will add to Amazon's AI portfolio.
Why now: News of a large acquisition race between Amazon and Anthropic for a high-profile AI startup is fresh and significant for the AI industry.
Evidence
- Amazon Plans to Acquire AI Startup Decart for $7 Billion After Anthropic Considered Bid · TradingKey
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