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Amazon in Talks to Buy Decart for $7B After Anthropic Exit

KSL (citing The Wall Street Journal)2 min read6 sources

Why is Amazon buying Decart?

Amazon (AMZN) is in advanced talks to buy Israeli AI startup Decart for about $7 billion, the Wall Street Journal reported Sunday, after Anthropic walked away from a $6 billion bid.

Key numbers

Reported price~$7B+75% vs May value
Anthropic's earlier bid~$6Bwithdrawn after due diligence
Decart May funding$300Mat ~$4B valuation
Amazon market value$2.71Tas of Oct 2
Amazon stock YTD+8.97%through Sep 4

What happened

Amazon (AMZN) is in advanced talks to buy Israeli AI startup Decart for about $7 billion, the Wall Street Journal reported Sunday, after Anthropic walked away from a $6 billion bid. Decart makes software that lets AI programs move easily between chips from different makers, including Nvidia, Google and Amazon's own Trainium chips. The price is about 75% above the roughly $4 billion value Decart was given in May. Anthropic backed out after checking Decart's business last month, and Nvidia, which also invests in Decart, had been close to buying it. Nothing is signed yet.

Why it matters

Amazon's interest in Decart shows how hard big tech is working to loosen Nvidia's hold on AI chips. If AI programs can switch chips easily, customers could pick Amazon's own Trainium chips over Nvidia's, which could shift billions of dollars in spending. At $7 billion, the deal would also be bigger than Amazon's $6.5 billion purchase of MGM in 2022.

Who this affects

Marketneutral
Low impact
Investors wait for a signed deal; early share moves unclear.
Companybullish
Medium impact
Amazon shareholders may gain if Trainium chips win more customers.
Competitorsbearish
Medium impact
Nvidia could lose its grip if switching chips gets easier.
Industrymixed
Medium impact
AI chip choice may widen, but big tech gains more control.

Amazon vs Nvidia, Alphabet, Microsoft

AmazonAMZN$2.71T+8.97%
NvidiaNVDA$5.65T+25.44%
AlphabetGOOGL$4.20T+9.74%
MicrosoftMSFT$3.84T+7.01%

As of 2026-10-02

How we got here

  1. Decart raises $300M at about $4B valuation; Nvidia joins as investor.

  2. Anthropic explores a roughly $6B purchase of Decart.

  3. Anthropic walks away after due diligence.

  4. WSJ reports Amazon in advanced talks to buy Decart for about $7B.

What to watch

  • Whether Amazon and Decart sign a deal, which reports say could come in days.2026-10-19
  • Whether talks collapse or another bidder, such as Nvidia, re-enters.2026-10-31

Educational content only. Not investment advice.

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