Amazon in Talks to Acquire AI Startup Decart for ~$7 Billion
Amazon is reportedly in acquisition talks with AI startup Decart at a ~$7B valuation, per WSJ, adding to a wave of major AI consolidation activity.
What we know
An account on X flagged the WSJ report of Amazon's talks to acquire Decart for around $7 billion. No further detail was provided in the feed, but the deal size puts it among the larger AI startup acquisitions. This comes amid broader debate in the feed about whether AI infrastructure spending resembles the 1990s telecom bubble, with another account on X arguing GPU investments are worse than dark fiber because they depreciate within 3 years.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.