Amazon in Talks to Buy AI Startup Decart for as Much as $7 Billion
Amazon is reportedly negotiating to acquire AI developer Decart.ai in a deal worth up to $7 billion, with a Wall Street Journal report saying an agreement could come within days. Decart's software moves AI workloads between different processors, and Anthropic previously walked away from a reported $6 billion bid.
The Journal reported that an agreement could be completed in the coming days, provided the talks do not break down and no competing bidder emerges.
Decart builds software that makes it easier to run AI models on different processors, a capability that has taken on greater value as companies compete for computing infrastructure. Its platform, called DOS, optimizes a neural network to run on a chosen processor. That optimization work has traditionally taken months; Decart says DOS compresses the process into roughly two weeks. The result is that customers can shift AI workloads to different chips when their requirements change or when a particular processor becomes difficult to obtain.
The startup is also a model developer. It created the Lucy and Oasis world models, which are designed to generate and simulate realistic three-dimensional environments for video games, robotic training and other uses.
Decart raised $300 million at a $4 billion valuation in May, bringing its total funding to more than $400 million. Its investors include Radical Ventures, Nvidia Ventures, Adobe Ventures, Sequoia Capital and Benchmark. The company was founded in 2023 by three Israeli software engineers: brothers Dean and Orian Leitersdorf and Moshe Shalev.
Amazon is not the first suitor to examine the company. Bloomberg reported last month that Anthropic PBC was in talks to buy Decart, but the AI developer ultimately withdrew from a reported $6 billion deal after completing due diligence. What dissuaded Anthropic has not been disclosed.
Decart's DOS platform could be of particular use to Amazon Web Services Inc., the company's cloud unit, which offers its own custom AI processors under the Trainium3 line for training models. Decart reportedly obtained early access to Trainium3 chips last year, before they were more widely available, after a meeting with senior AWS engineers who were said to be impressed by the startup's founders.
A representative for Amazon did not comment on the reported discussions, and Decart has not publicly confirmed them. The deal's terms, and whether Amazon would fold Decart's technology into AWS or operate it as a separate business, remain undisclosed.