Updated
Updated · CTech · Aug 16
Anthropic Nears $7 Billion Decart Deal as Nvidia's Higher Offer Falls Short
Updated
Updated · CTech · Aug 16

Anthropic Nears $7 Billion Decart Deal as Nvidia's Higher Offer Falls Short

3 articles · Updated · CTech · Aug 16

Summary

  • $7 billion is the expected valuation in Anthropic's near-final talks to buy Israeli AI startup Decart, with the sides exchanging advanced drafts and a signing possible as soon as next month.
  • Anthropic became Decart's preferred buyer even after Nvidia offered a higher valuation, because founders Dean Leitersdorf and Moshe Shalev and top investor Sequoia see it as the stronger long-term home.
  • 100 employees and $450 million raised since 2023 have helped make Decart strategically valuable, with technology that can speed AI model inference by up to eight times across multiple chip architectures.
  • Anthropic is pursuing the acquisition while preparing a September or October IPO, after Bloomberg reported second-quarter revenue surged 14-fold to $11.5 billion and the company reached positive EBITDA.
  • For Israel, the deal could do more than deliver a quick exit: it would give Anthropic its first local development center and deepen the country's role in core AI infrastructure.

Insights

Why would an AI startup reject a higher offer from Nvidia to gamble on Anthropic's upcoming IPO?
Could a $7 billion software acquisition secretly be the key to breaking Nvidia's absolute dominance in AI hardware?