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Amazon In Talks To Buy AI Startup Decart For Around $7 Billion
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Amazon is reportedly in talks to acquire AI startup Decart in a deal that could value the company at up to $7 billion. Decart's DOS software helps developers optimize AI models for different processors in weeks rather than months, a capability that could be particularly useful to AWS as it pushes its own Trainium chips. SiliconANGLE reports: The company has developed software called DOS, which can help developers to speed up AI training and inference workloads by optimizing their neural networks to run on a specific processor. In most AI workloads, developers must optimize a neural network for the chip they plan to run it on. This process used to take months, but with DOS, the workflow necessary to do this can be compressed into just a couple of weeks. As a result, companies can use Decart's software to shift AI workloads to different processors if their requirements change, or if chip availability becomes an issue. In addition to DOS, Decart is also a model developer, responsible for creating the Lucy and Oasis world models, which are designed to generate and simulate realistic three-dimensional environments for video games, robotic training and other use cases. It's still possible another suitor could emerge and outbid Amazon. Last month, Anthropic PBC was reportedly engaged in talks to buy Decart, according to a report by Bloomberg. However, it ultimately pulled out of a reported $6 billion deal after conducting due diligence on the startup. It's not clear what ultimately dissuaded Anthropic from pursuing a deal. The Wall Street Journal first reported (paywalled) the news.
Source:https://hardware.slashdot.org/story/26/10/12/0059238/amazon-in-talks-to-buy-ai-startup-decart-for-around-7-billion?utm_source=rss1.0mainlinkanon&utm_medium=feedPreviousYou Can Now Set Up Your iPhone Duo Pre-Order - Do It Before FridayNextGetty enters a restructuring agreement to take the company private, with Getty family and Koch Equity committing to invest up to $533M to own 100% of Getty (Anhata Rooprai/Reuters)
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