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Anthropic reportedly in talks to buy Israeli AI startup Decart for $6B
๐Ÿ‡ต๐Ÿ‡ธ Palestine /Technology

Anthropic reportedly in talks to buy Israeli AI startup Decart for $6B

From Times of Israel · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • AI company Anthropic is reportedly in talks to acquire Israeli startup Decart for up to $6 billion.
  • Decart has developed a software platform to optimize the training of large AI models, potentially cutting computing costs.
  • The acquisition would be Anthropic's first in Israel and its largest to date, aiming to meet soaring demand for AI tools like its Claude chatbot.

American AI giant Anthropic is reportedly in negotiations to acquire the Israeli artificial intelligence startup Decart for as much as $6 billion. The deal, if finalized, would represent Anthropic's first acquisition in Israel and mark a significant expansion for the developer of the Claude chatbot.

Decart, founded just three years ago by former Israeli military intelligence unit 8200 members Dean Leitersdorf and Moshe Shalev, has created a software platform designed to enhance the efficiency of training large-scale generative AI models. The technology aims to optimize the use of high-performance chips from companies like Nvidia, Amazon, and Google, potentially reducing the substantial computing costs associated with AI development.

This potential acquisition comes as AI companies like Anthropic and OpenAI are investing billions in data centers and advanced computing infrastructure to keep pace with the rapidly growing demand for their AI tools. Decart's technology could prove crucial in helping Anthropic manage the increasing computational needs for its large language models.

While the talks are not yet finalized and could still collapse, the potential deal has generated significant interest. Previously, reports suggested that SpaceX and chip giant Nvidia were also vying to acquire the Israeli startup. Decart is also developing its own generative AI foundation models, which aim to create video from human imagination with minimal coding, and has applications in areas like virtual try-ons for e-commerce and dynamic environments for gaming.

DistantNews Editorial

Originally published by Times of Israel in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.