Anthropic has just backed out, and it is rumored that Amazon.com, Inc. (AMZN.US) will take over the AI startup Decart for $7 billion.
Amazon.com, Inc. (AMZN.US) is in talks to acquire Decart AI at a valuation of about $7 billion; Anthropic walked away from a roughly $6 billion acquisition in September.
According to people familiar with the matter, Amazon.com, Inc. (AMZN.US) is in talks to acquire artificial intelligence startup Decart AI, in a deal that could value it at around $7 billion, The Wall Street Journal reported.
The people said the acquisition could be completed soon if the talks do not fall apart.
According to PitchBook data, Decart has raised more than $400 million in venture funding from investors including Sequoia Capital, Benchmark and Radical Ventures, and was valued at nearly $4 billion in May.
In September of this year, Anthropic decided to abandon its acquisition of Decart AI. The developer of the Claude chatbot had previously negotiated to acquire Decart for about $6 billion and had completed due diligence on the target company.
Decart was founded in 2023 by three Israeli engineers: brothers Dean Leitersdorf and Orian Leitersdorf, and Moshe Shalev.
Related Articles
WASION HOLDINGS (03393) has recently successfully secured several orders for smart grid-related products and solutions in emerging markets in the Middle East.
.png)
BEKE-W (02423) spent approximately US$2.5 million to repurchase approximately 423,300 shares on October 9.
Sihui Fuji Electronics Technology (300852.SZ)'s application for issuing shares to specific targets has received approval for registration from the China Securities Regulatory Commission.
WASION HOLDINGS (03393) has recently successfully secured several orders for smart grid-related products and solutions in emerging markets in the Middle East.
BEKE-W (02423) spent approximately US$2.5 million to repurchase approximately 423,300 shares on October 9.
Sihui Fuji Electronics Technology (300852.SZ)'s application for issuing shares to specific targets has received approval for registration from the China Securities Regulatory Commission.
