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Amazon is in talks to acquire AI startup Decart for around $7 billion, according to a Wall Street Journal report on Sunday. Decart, valued at nearly $4 billion in May, developed models for live video editing and robotics training. The deal could happen soon if talks do not fall apart.
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Summary by ByteBrief

Amazon Pledges $1 Billion to Defuse AI Backlash

Comparables.ai Secures $6M Seed Funding

Sources: AI neocloud Lambda is raising up to $4B led by Blackstone and Coatue at a pre-money valuation of $14.5B in a final round before its planned IPO (Robbie Whelan/Wall Street Journal)