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Amazon to Acquire AI Startup Descartes for $7 Billion

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Insights by Echo AI

Amazon is reportedly in advanced talks to acquire Israeli AI startup Descartes Systemus for approximately $7 billion, as per multiple sources cited by the Wall Street Journal. The acquisition, if finalized, would bolster Amazon's AI capabilities and help it compete with Nvidia in the AI chip market. Descartes, founded in 2015, specializes in AI software that enhances computing power and facilitates real-time video editing.

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5 Sources

  1. Bloomberg Japan ブルームバーグニュース avatar

    Bloomberg Japan ブルームバーグニュース

    X / Twitter / @BloombergJapan

    アマゾン、AI新興企業デカート買収に向けて協議-WSJ紙 https://t.co/pIk9ZXwUUE

  2. Ynet Global avatar

    Ynet Global

    X / Twitter / @YnetNews

    Amazon may acquire Israeli AI startup Descartes for about $7 billion...

  3. TASS avatar

    TASS

    RSS / @tass.ru/rss/all.xml

    WSJ: Amazon планирует приобрести ИИ-стартап Decart за $7 млрд По инфор...

  4. HNonline.sk avatar

    HNonline.sk

    RSS / @hnonline.sk/rss

    Amazon rokuje o prevzatí firmy Decart, chce posilniť aktivity v oblast...

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