✉news BusinessStartups first seen 21 h ago, last 14 h ago, peak #3
Amazon in Talks to Buy AI Startup Decart for $7 Billion
Original: Amazon in Talks To Acquire Israeli-Founded AI Startup Decart for $7 Billion
Amazon is reportedly in negotiations to acquire Decart, an artificial intelligence startup founded by Israelis, in a deal valued at around $7 billion. Decart, which has developed real-time generative AI video technology, was created by founders with roots in Israel and has drawn significant investor interest. If completed, the acquisition would mark one of Amazon's larger AI purchases, underscoring the intensifying race among US tech giants to secure cutting-edge generative AI capabilities and talent.
Why now: A potential multibillion-dollar acquisition of a fast-rising AI startup by one of the world's largest tech companies is major business news.
Evidence
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