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✉news BusinessStartups first seen 22 h ago, last 15 h ago, peak #2

Amazon in talks to acquire AI startup Decart for $7 billion

Amazon is reportedly in negotiations to acquire Decart, an artificial intelligence startup, in a deal valued at around $7 billion. The talks signal Amazon's continued push to strengthen its AI capabilities amid fierce competition among tech giants for cutting-edge AI technology and talent. Details about the deal structure and timeline remain limited while negotiations are ongoing.

Why now: Reports of a multibillion-dollar acquisition by one of the world's largest tech companies naturally draw widespread attention amid the ongoing AI investment race.

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