Amazon.com is in advanced talks to acquire AI startup Decart for approximately $7 billion, highlighting the intense competition among tech giants for computing resources. Decart, founded in 2023 by Israeli engineers Dean Leitersdorf, Orian Leitersdorf, and Moshe Shalev, specializes in software that enables developers to switch between different AI chips, including Nvidia, Amazon Trainium, and Google TPUs. This flexibility addresses the industry-wide shortage of AI computing power and rising costs.
The startup builds optimization software and real-time generative models, including Oasis for robotics and Lucy for video generation. Amazon has already integrated Decart’s technology into units like Twitch and retail operations, reporting high utilization rates on its Trainium chips. The potential deal would strengthen AWS's position as a multi-chip platform, offering customers greater flexibility in managing workloads across various processors.
A $4 billion funding round in May valued Decart at nearly $4 billion, with Nvidia participating. Previous suitors included Nvidia and Anthropic. The acquisition reflects a strategic shift toward software layers that unlock capacity from existing hardware rather than focusing solely on chip designers.
No agreement has been finalized, and talks could still fall apart.
Source: Wall Street Journal US Business · Summarized by HeadlinesBriefing