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.
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