Amazon.com is in talks to buy AI startup Decart for around $7 billion, the Wall Street Journal reports
The figure the Journal reported on Sunday, October 11, 2026, sits well above the nearly $4 billion valuation it cited for May, and above the price Bloomberg said the AI company Anthropic discussed in August, about $6 billion.
Key takeaways
Amazon is in talks to buy Decart, a San Francisco artificial-intelligence startup, in a deal that could be valued at around $7 billion, the Wall Street Journal reported on Sunday, October 11, 2026, citing people familiar with the matter.
A deal could come together soon, the Journal's sources said, if the talks hold and no other buyer emerges.
Reuters said Sunday that it could not immediately verify the report, and that Amazon and Decart had not responded to requests for comment.
From nearly $4 billion in May
The Journal, citing the data firm PitchBook, said Decart was valued at nearly $4 billion in May 2026. The deal value in Sunday's report is well above that.
Decart said then that it had raised more than $450 million, including a $300 million round led by Radical Ventures.
Bloomberg reported on August 13, 2026, that Anthropic, which makes the Claude AI models, was in talks to buy Decart for about $6 billion. Bloomberg described that figure as what would have been Anthropic's largest known purchase.
On September 8, 2026, Bloomberg reported that Anthropic had done due diligence, the detailed review a buyer runs before signing, and had walked away. Bloomberg also reported that the two companies might still find another way to work together.
Software across three chip makers
Decart's software makes it easier for developers to switch between different AI chips, the Journal said.
On May 18, 2026, Decart said the software runs on Nvidia's chips, on Google's AI chips, and on Trainium, Amazon's own AI chip. Decart called Amazon one of its strategic customers, and said Nvidia joined the $300 million round.
Frequently asked questions
Has Amazon confirmed it is buying Decart?
Reuters said it could not immediately verify the report, and Amazon and Decart had not responded to requests for comment.
What does Decart's software do?
Decart's software makes it easier for developers to switch between different AI chips.
What happened to Anthropic's interest in Decart?
Bloomberg reported that Anthropic did due diligence and walked away, though the two companies might still find another way to work together.
What was Decart valued at before these talks?
The Journal, citing PitchBook, said Decart was valued at nearly $4 billion in May 2026.
