Decart founders weigh $6 billion-$7 billion sale after Nvidia talks
CTech reports that Decart's founders could sell less than three months after the company raised $300 million at a $4 billion valuation, although no buyer is confirmed.
By Ryan Merket · Published
Primary source: CTech
Why it matters
The reported bidding would test whether a frontier AI team should trade independence for a strategic buyer's compute and distribution less than three months after investors valued the company at $4 billion.
Decart co-founders Dean Leitersdorf and Moshe Shalev are in advanced talks to sell their AI lab for roughly $6 billion to $7 billion after a bidder topped an offer from Nvidia, CTech reported on August 10th. Drafts are advanced enough that an agreement could be signed within a week, according to the report. No buyer has been confirmed, Decart declined to comment to CTech, and the proposed transaction has not been independently verified.…
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