Anthropic Said to Decide Against Decart Purchase: Bloomberg
Anthropic ended talks after due diligence on Decart’s chip-efficiency software, a deal that had been valued at about $6 billion, Bloomberg reported.
- On Tuesday, Anthropic ended plans to acquire Israeli-founded startup Decart after performing due diligence on the explored $6bn deal, though both companies declined to comment.
- The acquisition aimed to leverage Decart's optimization stack, which promises to "squeeze every ounce of performance from every chip," helping Anthropic increase compute efficiency.
- A $6bn purchase would have represented a 50% premium over Decart's $4bn May valuation, when the startup raised $300m from NVIDIA, Radical Ventures, Adobe Ventures, Valor Equity Partners, and Atreides Management.
- Decart also develops world models, including Its Lucy model used for live streaming on Twitch, TikTok, and YouTube, with Chief Dean Leitersdorf noting the technology addresses virtual try-on challenges.
- While the Decart acquisition talks ended, the companies may still pursue future collaboration as Anthropic continues spending heavily on compute ahead of an anticipated initial public offering.
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What went wrong with the $6 billion Anthropic-Decart deal?
Israeli sources explain | Industry sources have questioned Anthropic's proposed $6 billion acquisition of Israeli startup Decart. The company says the deal fell apart over plans to move most operations and staff abroad
Anthropic's $6 Billion Pullout From Decart Exposes AI's Compute Crunch and Integration Limits
Anthropic walked away from a $6 billion deal to acquire Decart AI after due diligence and disagreements over relocating talent from Tel Aviv to San Francisco. The move highlights the tension between AI labs' need for efficiency gains and the operational complexities of cross-border acquisitions just before an IPO.
Viral Claim Says Nationalism Killed Anthropic’s $6B Israeli Deal, But Evidence Is Lacking
JERUSALEM (VINnews) – Anthropic has walked away from a potential $6 billion acquisition of Israeli AI startup Decart, prompting widespread speculation in Israel about what caused the deal to collapse. One explanation that gained traction on Israeli social media and among Israeli tech commentators, including Hillel Fuld, was that Decart’s founders wanted the company to […]
Anthropic has walked away from its $6bn Decart deal, Bloomberg reports
Anthropic has decided against buying Decart AI, Bloomberg reported, citing people familiar with the matter who asked not to be identified. The company had explored a deal and completed due diligence before walking away, and one of those people said the two may still find other ways to work together. Representatives for both companies declined to […] This story continues at The Next Web
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