Amazon in talks to acquire AI startup Decart amid shift in chip software strategy

Amazon is reportedly in advanced talks to acquire Decart, an AI startup specializing in cross-chip software that enables seamless transitions between different AI chips. The potential deal is valued at around $7 billion, according to a report by The Wall Street Journal. Decart, based in San Francisco, has raised over $400 million from investors including Sequoia Capital, Benchmark, and Radical Ventures. The company’s valuation reached nearly $40 billion in a May funding round. Earlier this year, Anthropic had also explored acquiring Decart, with a reported valuation of $60 billion, but later abandoned the deal in September. The shift in interest highlights the growing importance of cross-chip compatibility as tech giants compete for computational resources. Decart’s software is seen as a critical asset in this race, offering developers the flexibility to adapt to evolving AI chip technologies. The potential acquisition underscores the increasing strategic value of AI infrastructure companies, as major players seek to secure their positions in the rapidly evolving AI landscape.