Amazon is in talks to buy San Francisco AI startup Decart in a deal worth approximately $7 billion, after Decart was valued at some $4 billion in May, Breaking the News reported on 11 October.
Key points
- Amazon is discussing a purchase worth approximately $7 billion.
- Decart raised $400 million in May at a valuation of some $4 billion.
- Decart’s technology lets developers move between AI chips, according to Breaking the News.
- The startup received early access to Amazon’s Trainium3 chip in 2025.
Decart’s $4 billion May valuation
The discussions concern a potential acquisition. Breaking the News reported that an agreement could be announced soon if the talks continue and no other suitor emerges.
Decart raised $400 million in venture capital funding in May at a valuation of some $4 billion. The approximately $7 billion figure attached to Amazon’s talks is the proposed deal value. Both figures remain approximate.
A purchase at the reported deal value would put Amazon on the buying side of a transaction priced above Decart’s May valuation. The earlier figure came with a completed fundraising round; the later one is attached to discussions that could still fail.
Decart’s chip technology and Trainium3 access
Decart has technology that allows developers to switch from one AI chip to another, according to Breaking the News. That capability is distinct from the world models the company develops, called Lucy and Oasis.
Decart was founded by three engineers in 2023. The startup received early access to Amazon’s Trainium3 AI chip in 2025 after a meeting with its founders impressed Amazon, Breaking the News reported.
