> Amazon in talks to buy profitless AI startup Decart for around $7 billion, WSJ reports

Amazon.com is in talks to acquire artificial-intelligence startup Decart in a deal that could be valued at around $7 billion, according to people familiar with the matter.

San Francisco-based Decart’s software makes it easier for developers to switch between different AI chips, a capability that is becoming increasingly important as companies race to secure more computing power.

A deal could come together soon, the people said, assuming talks don’t fall apart or another suitor doesn’t emerge.

Decart has raised more than $400 million in venture capital funding from investors including Sequoia Capital, Benchmark and Radical Ventures, according to PitchBook. It was valued at nearly $4 billion in May.

Decart has not publicly disclosed its exact current revenue, though it was estimated to be between $1 million and $10 million around the time of its Series B funding round.

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