✉news BusinessStartups first seen 18 h ago, last 59 min ago, peak #1
Amazon in talks to buy Israeli AI startup Decart for $7 billion
Original: Amazon emerges as potential buyer of Israeli AI startup Decart at $7 billion
Amazon is reported to be a potential buyer of Decart, an Israeli artificial intelligence startup, in a deal valued at around $7 billion. The news, first reported by CTech, marks one of the largest possible acquisitions in the Israeli tech sector this year. Decart develops generative AI technology, and the reported interest from Amazon signals continued big-tech appetite for AI startups. Details of the negotiations, including whether talks are advanced, remain unclear.
Why now: A potential $7 billion acquisition by Amazon of a major Israeli AI startup is significant news for the tech and M&A markets.
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