Amazon in talks to buy AI start-up Decart for around US$7 billion: Report

Amazon is reportedly in discussions to purchase AI startup Decart for approximately US$7 billion, according to a report by the Wall Street Journal on October 11. The deal's potential value is cited as US$7 billion by the WSJ, based on information from sources familiar with the situation. Decart's Lucy model, which is supported by Nvidia, is capable of editing live video in real-time.

Additionally, Decart has developed Oasis, a model designed to produce simulated environments for testing and training robotics and autonomous-driving systems. The AI company was valued at nearly US$4 billion in May, as indicated by PitchBook data in the WSJ report. However, Reuters was unable to independently confirm the report.

It is suggested that a potential acquisition could occur promptly, assuming the negotiations do not collapse or another competitor does not step in, according to the WSJ. Following a bid from Anthropic in September, Decart reportedly declined further discussions, with Bloomberg News revealing that the firm had examined a possible acquisition for around US$6 billion in August.

In May, Decart had secured US$300 million in funding, led by Radical Ventures, with Nvidia also becoming an investor in that round.