Amazon reportedly negotiates $7 billion deal for AI firm Decart
The Israeli AI company could fetch about $7 billion, weeks after Anthropic dropped a separate $6 billion arrangement. Amazon's shares edged higher overnight as the news spread.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
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What happened
Amazon is reportedly negotiating a purchase of Decart, an Israeli artificial intelligence startup, for roughly $7 billion. Decart has developed a model that edits live videos in real time. The talks follow weeks after Anthropic walked away from a $6 billion deal.
Timeline
- Oct 11, 9:02 PM ET: Amazon was reportedly in discussions to buy Decart for about $7 billion.
- Oct 11, 10:54 PM ET: Amazon's stock edged up overnight as the potential acquisition drew attention.
- Oct 12, 5:55 AM ET: The talks were characterized as advanced negotiations.
Coverage
- Amazon may get Decart for $5.5 billion after Anthropic walked away (calcalistech.com)
- Amazon Will Be The Final Winner Of The AI Race With Anthropic's Help (Simple Investment Ideas)
- Amazon is reportedly eyeing major acquisition (Seattle Times)
- Amazon in talks to buy Decart for $7B, weeks after Anthropic walked away from a $6B deal (techfundingnews.com)
- Amazon in talks to acquire Israeli startup, AI model that can edit live videos in real-time (Jerusalem Post)
- Report: Amazon in advanced talks to acquire Israeli startup Decart for $7b. (Jerusalem Post)
- Amazon may spend $7 billion on AI startup Decart that Anthropic walked away from after offering $6 billion (Times of India)
- AMZN Stock Inches Up Overnight: Amazon Reportedly Nears $7B Deal For Decart AI After Anthropic Walks Away (stocktwits.com)
- Amazon Weighs $7 Billion Purchase of AI Startup Decart (PYMNTS)
- Amazon emerges as potential buyer of Israeli AI startup Decart at $7 billion (calcalistech.com)
- Amazon in talks to buy AI startup Decart for around $7 billion, WSJ reports (Reuters)
- Amazon Is in Talks to Buy AI Startup Decart, WSJ Reports (Yahoo News)
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