SShortSingh.
Back to feed

Amazon in talks to acquire AI startup Decart for $7 billion

0
·1 views

Amazon is negotiating a potential acquisition of the artificial intelligence startup Decart. The deal is reported to be valued at approximately $7 billion. These discussions were reported by the Economic Times, citing sources familiar with the matter. The move aligns with Amazon's strategy to bolster its capabilities in the competitive field of AI.

Read the full story at Economic Times

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Log in to join the discussion and vote.

Log in

Related stories

0
BusinessEconomic Times ·

Iran Rejects Latest US Response to Nuclear Deal Proposal

Iran has deemed the United States' latest response to a proposal aimed at reviving the 2015 nuclear deal as insufficient. The feedback was conveyed by Tehran's foreign ministry following diplomatic exchanges. This development is the latest hurdle in the ongoing, indirect negotiations between the two countries. The talks seek to restore the agreement, formally known as the Joint Comprehensive Plan of Action (JCPOA), which limited Iran's nuclear program in exchange for sanctions relief.

0
BusinessEconomic Times ·

BP Withdraws From Riyadh Energy Conference

British Petroleum (BP) has pulled out of a major energy conference in Riyadh, Saudi Arabia. The company cited an ongoing shareholder vote concerning its chairman as the reason for its withdrawal. This development was reported by the Economic Times. The vote centers on the re-election of Chairman Helge Lund amid investor scrutiny over the company's climate strategy.