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.
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