AMZN Stock Inches Up Overnight: Amazon Reportedly Nears $7B Deal For Decart AI After Anthropic Walks Away Yuvraj Malik Sun, October 11, 2026 at 10:54 PM EDT 3 min read AMZN +3.29% ANTH.PVT Trade AMZN on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Decart develops software that helps developers switch between AI chips.
Amazon has been expanding its AI capabilities with custom Trainium chips and strategic acquisitions.
Amazon.com Inc. (AMZN) shares inched up 0.4% in overnight trading late Sunday after a report said the company is close to acquiring artificial intelligence startup Decart AI in a deal that could value the company at around $7 billion.
The Wall Street Journal reported, citing people familiar with the matter, that a deal could come together soon – after Anthropic reportedly dropped its pursuit of Decart at an enterprise valuation of $6 billion.
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Decart develops software that lets developers switch between different AI chips, a capability that is becoming increasingly important amid a surge in AI workloads. The company is headquartered in San Francisco, California, with major research and development operations in Tel Aviv, Israel.
A potential acquisition would bolster Amazon's efforts to strengthen its AI infrastructure and help its in-house chips better compete with Nvidia Corp. (NVDA), which continues to dominate the market for graphics processing units (GPUs) powering the AI boom.
Amazon Web Services has developed its own custom AI chips, including Trainium3, as it looks to offer customers alternatives to Nvidia's hardware. AWS gave Decart early access to the chip in 2025 after meeting with the startup's founders and being impressed, the Journal previously reported.
Decart is also developing world models, including Lucy and Oasis, which can generate and simulate real-world three-dimensional environments.
The startup was founded in 2023 by Israeli engineers and has raised more than $400 million from investors including Sequoia Capital and Benchmark.
The reported deal would add to Amazon's investments in businesses and technologies that complement its broader operations.
The company acquired MGM's movie and television studio for $8.5 billion in 2022. Earlier this year, Amazon also announced an approximately $11 billion deal for Globalstar, a satellite communications company that competes with Elon Musk's Starlink.
On Stocktwits, retail sentiment for AMZN remained 'bullish,' unchanged over the past week, with several traders posting about the potential deal.
"$AMZN Decart acquisition news following last week's AWS launch of an open-source Physical AI Toolchain for robotics means robotic action is really heating up. Decart world models allow robotics dev to be virtually applied in their world models before physical step," a trader said.
AMZN stock is up nearly 13.7% year to date, underperforming the benchmark S&P 500 index, which rose 14.1%, according to TradingView.
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Yuvraj Malik has no position in any of the stocks mentioned in this article. StockTwits' news team content is for informational purposes only and is not intended as investment advice. For more, see our editorial policy. This article was originally published on StockTwits.
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