727 FinancePANews October 12 news, according to The Wall Street Journal, Amazon is in negotiations to acquire AI startup Decart for about $7 billion. Decart develops software that helps developers switch running workloads between different AI chips. The company completed a $300 million funding round in May this year at a valuation of about $4 billion. Previously, according to Bloomberg, Anthropic conducted due diligence on acquiring Decart for about $6 billion but ultimately abandoned the deal. The relevant negotiations have not yet reached a final agreement.
Amazon is reportedly in talks to acquire AI startup Decart for about $7 billion.
Related news
Financing Weekly | Kalshi completes $1 billion Series G funding, led by Sequoia Capital and Wellington Management.
Kalshi completed a $1 billion Series G funding round, reaching a post-money valuation of $40 billion, nearly double its $22 billion valuation in May this year;...