Monday, 12 October 2026

00:15

Amazon in talks to buy AI startup Decart, reportedly at around $7 billion

Amazon is in talks to acquire Decart, a deal that could be valued at around $7 billion, the Wall Street Journal reported on Sunday, citing people familiar with the matter. Decart was valued at nearly $4 billion in May, according to PitchBook data cited by the Journal. Reuters could not immediately verify the report.

NoteThe figure comes from the Journal's report, and talks can still fall apart. For banks, the deal is worth watching as AI infrastructure software changes hands.

Source: Reuters (via KSL.com)Share

00:15

Deals

Nvidia reportedly in early talks to acquire open-weight model maker Reflection AI

Nvidia is reportedly in talks to acquire Reflection AI, a U.S. maker of open-weight models, according to a report by the Financial Times. Sources told the FT that the discussions are in an early phase, and that Nvidia has already invested $800 million in the company.

NoteFor banks weighing models they can run themselves, the report points to Nvidia pushing open-weight models that users can run on their own hardware. According to the sources, the deal could also end as a deeper investment.

Source: PYMNTSShare