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Amazon is reportedly in advanced acquisition discussions to buy Decart, an emerging generative artificial intelligence startup, for approximately $7 billion. Decart has gained widespread attention for developing highly efficient real-time generative models that require significantly less computational overhead than traditional LLMs. The proposed multibillion-dollar transaction highlights Amazon’s ongoing aggressive strategy to capture top-tier AI talent and cutting-edge model architecture. Integrating Decart’s technology could enhance Amazon Web Services (AWS) and bolster its proprietary AI offerings to better compete with rivals like Microsoft and Google. While negotiations are progressing, sources indicate that the deal is not yet finalized and terms could still change or the talks could fall through.
Full report : Amazon to bolster its generative artificial intelligence capabilities by acquiring the Decard for $7 billion.