Amazon is reportedly in talks to acquire artificial intelligence startup Decart in a deal valued around $7 billion, a move that would strengthen the tech giant’s position in the rapidly expanding AI infrastructure market, according to a Wall Street Journal report. The proposed acquisition comes just weeks after AI firm Anthropic reportedly decided against pursuing a takeover of Decart following due diligence on a potential $6 billion deal. For those unaware, Decart is a San Francisco-based company which has developed software which enable the developers to switch more easily between different AI chips, a capability that has become increasingly important as demand for computing power surges amid the AI boom.
It would still be smaller than the roughly $11 billion deal for Starlink rival Globalstar that Amazon announced earlier this year. The Israeli outlet Calcalist reported earlier this month that Decart was in advanced talks to be sold to a major technology company.
The Journal has reported that Amazon Web Services gave Decart early access to the chip in 2025 after meeting the company and being impressed by its founders. Amazon has developed its own custom AI chip, Trainium3, to compete with Nvidia, which dominates the market for AI graphics processors. Decart’s software could help customers adopt Trainium alongside other hardware.
Decart has raised more than $400 million from investors including Sequoia Capital, Benchmark and Radical Ventures, according to PitchBook. It was valued at nearly $4 billion in May, so a $7 billion price would be a sharp jump in a few months.