✉news TechnologyTechnology first seen 1 d ago, last 21 h ago, peak #7
Amazon in talks for $7 billion Decart acquisition
Original: Amazon's $7 billion Decart talks echo a deal that changed its cloud business
Amazon is reportedly in talks to acquire AI startup Decart for around $7 billion. The reported deal echoes Amazon's earlier acquisition of Annapurna Labs, which transformed its cloud business by giving AWS its own custom chips. Observers see the talks as a sign of Amazon's push to strengthen its AI and semiconductor capabilities amid intensifying competition with Microsoft and Google.
Why now: Reports of a major acquisition signal Amazon's accelerating push into AI chips and cloud infrastructure.
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