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Amazon is in talks to acquire AI startup Decart, and the deal could be valued at around $7 billion. If negotiations don't break down or no other bidders appear, the deal may soon be reached. According to PitchBook data, Decart has raised more than 400 million US dollars in venture capital from investors such as Sequoia Capital, Benchmark, and Radical Ventures, and its valuation in May was close to 4 billion US dollars. The company was founded in 2023 by three Israeli engineers, brothers Dean Leitersdorf and Orian Leitersdorf, and Moshe Shalev. Decart is also developing world models called Lucy and Oasis.
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Amazon is in talks to acquire AI startup Decart, and the deal could be valued at around $7 billion. If negotiations don't break down or no other bidders appear, the deal may soon be reached. According to PitchBook data, Decart has raised more than 400 million US dollars in venture capital from investors such as Sequoia Capital, Benchmark, and Radical Ventures, and its valuation in May was close to 4 billion US dollars. The company was founded in 2023 by three Israeli engineers, brothers Dean Leitersdorf and Orian Leitersdorf, and Moshe Shalev. Decart is also developing world models called Lucy and Oasis.
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