Amazon in talks to buy AI startup Decart

On October 11, 2026, media reports stated that Amazon (AMZN) is in talks to acquire artificial-intelligence startup Decart in a potential deal valued at around $7 billion. The discussions were described as ongoing, and there was no indication of a signed agreement or completed transaction as of that date.

The reported $7 billion price tag would position the transaction among the larger recent deals in the AI sector by a major technology company. The size of the potential acquisition underscores the strategic importance large platforms are placing on advanced AI capabilities.

Reports emphasized that negotiations between Amazon (AMZN) and Decart were still in progress on October 11, 2026. No formal agreement had been announced publicly, and there were no regulatory filings indicating that the transaction had been finalized.

The characterization of the discussions as ongoing highlights the possibility that terms could still change or that the parties may ultimately decide not to proceed. The available information focuses on the reported valuation and status of talks rather than any definitive closing timeline.

Coverage noted that Decart completed a funding round in May 2026, raising roughly $300 million. That capital raise reportedly valued the company at about $4 billion, providing a recent market reference point for investors and potential acquirers.

Compared with that approximate $4 billion valuation, the discussed $7 billion acquisition price would represent a substantial premium. The gap between the funding valuation and the reported deal talks illustrates how quickly perceived value in AI-focused businesses can shift within a short period.

Reports also recounted that Anthropic had previously examined a possible acquisition of Decart earlier in 2026. Anthropic was said to have conducted due diligence on terms reported around $6 billion for a potential transaction.

That earlier process did not result in a completed deal, with Anthropic ultimately abandoning the transaction. The prior interest around $6 billion provides additional context for the current negotiations at about $7 billion, suggesting a rising valuation trajectory for Decart over the course of 2026.