Amazon is in talks to buy US$7 billion AI startup Decart, WSJ reports
The purchase could wrap up soon if the negotiations do not collapse, the journal says
Amazon is engaged in discussions to acquire AI startup Decart AI, with the potential deal valued at approximately US$7 billion, according to The Wall Street Journal. Sources familiar with the situation suggest the agreement could be finalized soon, should negotiations not fall through. In September, Anthropic opted not to acquire Decart AI, which had been in talks to purchase the startup for around US$6 billion, following extensive due diligence.
Decart AI was established in 2023 by three Israeli engineers - brothers Dean and Orian Leitersdorf, along with Moshe Shalev.
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