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Amazon reportedly in talks to acquire AI startup Decart for $7B

Amazon is reportedly negotiating to buy Decart, a three-year-old startup that builds software to run AI models faster on multiple chip types. The deal, said to be around $7 billion according to The Wall Street Journal, could help Amazon steer more AI developers toward its custom Trainium chips instead of Nvidia hardware. The companies haven’t confirmed the talks. Decart has made its software compatible with chips from Nvidia, Google, and Amazon, and counts eBay among its customers and investors.

Why it mattersIf this goes through, Amazon could make it much easier for companies to move their AI workloads off Nvidia and onto Amazon's own chips, potentially chipping away at Nvidia’s dominance. It could also let Amazon get more performance out of its existing cloud hardware.

Sources covering this

wsj.comHeadline onlyAmazon in Talks to Buy AI Startup Decart for Around $7 Billion12:00 AM →GeekWireWhy Amazon might pay billions for Decart, a 3-year-old AI startup that hasn’t disclosed its revenue5:46 PM →

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