Amazon Reportedly in Talks to Acquire AI Startup Decart for Approximately $7 Billion
Amazon is reportedly exploring a major acquisition in the AI sector, with the company said to be in talks to purchase the AI startup Decart for approximately $7 billion. The Wall Street Journal first reported the potential deal, citing people familiar with the matter. Decart is known for its work in artificial intelligence, though specific details about its technology or products were not immediately available. If finalized at the reported valuation, the acquisition would rank among the larger AI-focused deals Amazon has pursued, reflecting the continued intense interest from major technology companies in securing AI capabilities through acquisitions. Neither Amazon nor Decart has officially commented on the reported negotiations.