✉news BusinessStartups first seen 2 d ago, last 1 d ago, peak #4
Amazon in talks to acquire AI startup Decart for $7 billion
Original: Report: Amazon in talks with AI startup Decart over possible $7B acquisition
Amazon is reportedly in talks to acquire Decart, an artificial intelligence startup, in a potential deal valued at around $7 billion. The report, carried by SiliconANGLE, suggests Amazon may be looking to strengthen its AI portfolio through an acquisition rather than building capabilities internally. Decart is known for real-time generative AI models. Neither company has confirmed the talks, and it remains unclear whether a formal agreement will be reached.
Why now: Reports of a multibillion-dollar acquisition signal continued Big Tech competition to secure AI talent and technology.
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