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Amazon Reportedly In Talks To Buy AI Startup Decart For $7 Billion

Original: Amazon Reportedly In Talks To Acquire AI Startup Decart For Around $7 Billion

Amazon is reportedly in negotiations to acquire Decart, an artificial intelligence startup, in a deal valued at around $7 billion. Decart has drawn attention for its work on real-time generative AI models and AI-powered experiences. If completed, the acquisition would mark another major move by a big tech company to secure cutting-edge AI technology, though neither company has confirmed the talks publicly.

Why now: Reports of a multi-billion-dollar acquisition in the highly competitive AI sector are drawing attention to Amazon's AI strategy and consolidation among AI startups.

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