Amazon nears $7B Decart AI acquisition – report
Amazon is in advanced talks to acquire Decart, a generative AI startup, for approximately $7 billion, The Wall Street Journal reported. If completed, the transaction would represent one of Amazon’s largest acquisitions on record and a significant increase from Decart’s $4 billion valuation in its last funding round in May.
The reported price suggests valuations may be rising again after earlier acquisition discussions with another suitor reportedly fell through this month. Decart develops AI models and has gained traction in sectors where Amazon has also been expanding its offerings.
Amazon has been less active than some peers in high-profile AI acquisitions, while others have made multibillion-dollar deals in recent months. A Decart acquisition could help Amazon strengthen its position in AI, though it remains unclear how the startup’s technology might be used—whether integrated into existing platforms or kept separate to maintain its appeal in specialized markets.
Sources: invezz.com · msn.com
“The deal would mark Amazon’s largest AI acquisition to date and signal a push to compete in enterprise-grade generative AI.”
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