Amazon negotiates $7 billion acquisition of AI video startup Decart

Amazon is negotiating a $7 billion purchase of artificial intelligence startup Decart.

Amazon is holding negotiations to purchase Decart, an artificial intelligence startup specialising in real-time video editing technology and simulation models. The proposed transaction is valued at approximately $7 billion. Decart has previously built models capable of generating simulated environments for testing autonomous driving systems and robotics.

• The targetDecart is an Israeli startup known for developing real-time video editing artificial intelligence models.
• Technology useThe startup created a model called Oasis that builds simulated environments for training robotics and self-driving vehicles.