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Amazon considers $7 billion deal for Decart after Anthropic says no

Amazon is in talks to pay $7 billion for an AI startup called Decart. The technology giant Amazon is looking at the deal after another AI company, Anthropic, already evaluated the business.

MYB News 44 minutes ago 1 min read

Amazon is in talks to pay $7 billion for an AI startup called Decart. The technology giant Amazon is looking at the deal after another AI company, Anthropic, already evaluated the business. Anthropic decided not to buy the startup. The Wall Street Journal reported the news but did not give a reason for the decision. Decart makes software that allows for chip portability, which is the ability for software to run on different types of computer processors. This means developers can switch between different sets of AI chips instead of being stuck with one brand. "Anthropic reportedly had been previously looking at buying Decart and had decided not to." One company's pass is another company's big opportunity.

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