Amazon in Advanced Talks to Acquire AI Startup Decart for $7 Billion
The potential deal for the San Francisco-based company would bolster Amazon's artificial intelligence capabilities.
Amazon is in advanced talks to acquire artificial intelligence startup Decart for approximately $7 billion, according to reports. The San Francisco-based company specializes in software that simplifies the process for developers to switch between various AI chips.
This potential acquisition signifies Amazon's ongoing commitment to strengthening its position in the rapidly evolving artificial intelligence sector. Decart's technology could be instrumental in enhancing Amazon's ability to leverage diverse AI hardware, potentially leading to more efficient and flexible AI development and deployment across its services and products.
The specific terms of the deal have not been disclosed, and the negotiations are ongoing. Neither Amazon nor Decart have officially commented on the reports.