Anthropic has decided against acquiring artificial intelligence startup Decart AI. The AI start-up had been exploring a deal and performed due diligence on Decart, but ultimately walked away, according to sources. The companies may still pursue other opportunities to collaborate. The Claude chatbot maker had been in talks to buy Decart for about $6 billion, though nothing had been finalized and there was a possibility the negotiations could fall apart.
Decart was founded in 2023 by three Israeli engineers, brothers Dean and Orian Leitersdorf and Moshe Shalev. It produces software that can reduce the cost of training and operating AI by helping chips work more efficiently.
Among other services, the startup offers an optimization stack meant to help AI developers “squeeze every ounce of performance from every chip,” according to its website. That includes using chips to train AI models and running them after they’ve been trained, a process known as inference.
The company also makes so-called world models, which aim to simulate the physical world. Decart’s world models are intended to help businesses in a range of applications including autonomous driving and e-commerce.
The idea of the mooted acquisition had been to help Anthropic’s existing computing infrastructure absorb more demand. Anthropic, which rarely makes large acquisitions, has been spending on computing power to develop new products and serve customers ahead of its highly anticipated initial public offering. The company has been seeking to raise as much as SpaceX or more in its listing.
See What’s Next in Tech With the Fast Forward Newsletter
Tweets From @varindiamag
Nothing to see here - yet
When they Tweet, their Tweets will show up here.
