Amazon Reportedly in Talks to Acquire AI Startup Decart for Up to $7 Billion

Amazon $AMZN is reportedly in discussions to acquire artificial intelligence startup Decart in a transaction that could be valued at approximately $7 billion, according to The Wall Street Journal.
Decart develops AI software that helps developers work across different AI chip architectures, potentially reducing dependence on a single hardware ecosystem and simplifying the deployment of AI workloads.
The reported acquisition would align with Amazon's broader efforts to strengthen its AI infrastructure and cloud computing capabilities, including the development of proprietary chips and services through Amazon Web Services.
As demand for AI computing expands, software that improves compatibility between different processors could become increasingly valuable for cloud providers and enterprise customers seeking flexibility and cost efficiency.
However, the companies are reportedly still in discussions. No completed acquisition, definitive purchase agreement or final transaction valuation has been confirmed in the supplied report.