Amazon in talks to acquire Israeli startup, AI model that can edit live videos in real-time
Decart has also developed Oasis, a model that generates simulated environments to train and test robotics and autonomous-driving systems.
Amazon is reportedly in negotiations to acquire Israeli AI startup Decart in a deal valued at approximately $7 billion, according to the Wall Street Journal. The Lucy model developed by Decart, which received backing from Nvidia, has the capability to edit live video in real-time. The company also created Oasis, a model utilized for generating simulated environments to train and test robotics and autonomous-driving systems.
Decart's valuation was estimated at nearly $4 billion in May, as per PitchBook data. Amazon did not provide any comment outside of regular business hours, while Decart did not respond to requests for further information. It is reported that a deal may be finalized soon if the ongoing talks are not disrupted or if another potential buyer does not emerge.
In August, Anthropic had considered an acquisition of Decart and had engaged in due diligence, but later decided against pursuing a $6 billion deal. Bloomberg News reported that Anthropic had explored a potential acquisition in August, and Radical Ventures led a $300 million funding round for Decart in May, with Nvidia joining as a new investor.
Written by urgent.news from Jerusalem Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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