Amazon in talks to buy AI startup Decart for $7 billion after Anthropic exits

Amazon is reportedly in talks to acquire artificial intelligence startup Decart in a deal valued around $7 billion, a move that would strengthen the tech giant's position in the rapidly expanding AI infrastructure market, according to a Wall Street Journal report. The proposed acquisition comes just weeks after AI firm Anthropic reportedly decided against pursuing a takeover of Decart following due diligence on a potential $6 billion deal. For those unaware, Decart is a San Francisco-based company which has developed software which enable the developers to switch more easily between different AI chips, a capability that has become increasingly important as demand for computing power surges amid the AI boom.Amazon eyes key AI infrastructure technologyAmazon has developed its own custom AI chip, Trainium3, to compete with Nvidia, which dominates the market for AI graphics processors.