Now Reading: Anthropic in talks to buy Decart AI for Rs 51,000 crore
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Anthropic in talks to buy Decart AI for Rs 51,000 crore
The Story in Brief
The Story in Brief
Anthropic, the AI company backed by Google, is negotiating to buy Decart AI for about $6 billion (roughly Rs 51,000 crore), people familiar with the matter told The Economic Times and NDTV Profit. If completed, the deal would be Anthropic's largest known acquisition and comes ahead of its expected initial public offering. The startup's software makes chips more efficient, cutting AI model training costs and helping Anthropic's infrastructure meet surging demand, a person said.
Decart was founded in 2023 by three Israeli engineers and raised $300 million in May at a valuation of nearly $4 billion. Its team would join Anthropic's inference and performance unit. Representatives for both firms declined to comment. The talks may still fall through, sources cautioned.
The Indian Opinion
The $6 billion price tag for a three-year-old startup that primarily cuts chip costs sounds rich, but the real prize may be Decart's video-world model talent. Anthropic's rare big buy signals that even the AI frontrunners feel squeezed for specialised engineers rather than just raw computing power. The test will come at its IPO: can this deal persuade investors that Anthropic is building proprietary advantages, or will they see the price as desperation to keep pace with OpenAI?
Sources (2): economictimes.indiatimes.com, ndtvprofit.com
This story was synthesised by AI from the 2 sources linked above. Methodology and corrections.
Updated: this story now draws on 2 sources.
Ashin Xavier: interesting
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