Amazon is in talks to acquire artificial intelligence startup Decart in a deal that could be valued at around $7 billion, the Wall Street Journal reported Sunday, citing people familiar with the matter. Decart, founded in 2023 by Israeli engineers and valued at about $4 billion after a $300 million funding round in May, builds software that helps developers run AI workloads efficiently across different computing chips. No final agreement has been announced. The talks follow a reported September approach by Anthropic at around $6 billion that did not proceed, per Bloomberg.
Amazon in talks to buy AI startup Decart for around $7 billion, WSJ says
Amazon is negotiating to acquire AI startup Decart in a deal that could be valued at around $7 billion, the Wall Street Journal reported Sunday, a price that would top the chip-software company's $4 billion valuation from May.
Why it matters: Decart's software helps AI workloads run across competing chips, the exact optimization layer AWS needs to make its Trainium processors a credible alternative to Nvidia GPUs; Anthropic walked away from a ~$6 billion Decart approach in September, per Bloomberg.
Data as of Sunday, October 11, 2026: the original Wall Street Journal report is paywalled; this item is based on the Breaking AI News account (opened and read in full), a Reuters wire relay (the full Reuters text, noting Reuters could not independently verify the WSJ report), and Bloomberg Law (paywalled beyond the lede, cited from its published summary). The Decart software details, May 2026 $300 million funding round at ~$4 billion valuation (led by Radical Ventures), and the September 2026 Anthropic $6 billion approach are per those secondary accounts. No final agreement has been announced; the talks could still collapse.
Sources
- Amazon in Talks to Acquire AI Startup Decart for Around $7 Billion · Breaking AI News, relaying the Wall Street Journal · 2026-10-11
- Amazon in talks to buy AI startup Decart for around $7 billion, WSJ reports · Reuters (via relay) · 2026-10-11
- Amazon Is in Talks to Buy AI Startup Decart, WSJ Reports · Bloomberg Law · 2026-10-11