Anthropic nears $6 billion deal for Israeli AI startup Decart, creating new billionaires
Decart's shareholders believe they can produce a higher return from shares of a company like Anthropic, which is planning to launch the largest IPO in history, at a company valuation of $2 trillion.
Israeli AI startup Decart is nearing a $6 billion deal with US AI company Anthropic, creating potential billionaires among its founders. The deal would bring Anthropic to Israel and is estimated to value the company at $2 trillion. Founders Dean Leitersdorf and Moshe Shalev retain 64% of Decart's shares, allowing them to receive a combined $4 billion.
After Leitersdorf's brother joined the team, each founder is expected to receive $1 billion to $1.5 billion. While Wiz founders received full cash compensation, Decart's founders preferred a lower offer in shares for a company set to go public. The majority of investors in Decart are US funds, with a small stake held by the Aleph fund of Prime Minister Benjamin Netanyahu.
If the deal goes through, Decart will be Anthropic's first R&D center in Israel, with a focus on optimizing Anthropic's models for various processors.
Written by urgent.news from Jerusalem Post Tech & Start-Ups's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
