Market Chatter: Anthropic Ends Talks to Acquire AI Startup Decart

MT Newswires Live
Sep 08

Amazon-backed (AMZN) Anthropic has ended talks to acquire artificial intelligence startup Decart after conducting due diligence on the company, Bloomberg reported Tuesday, citing people familiar with the matter.

Anthropic had explored a deal valued at about $6 billion but ultimately decided not to proceed, the report said.

No deal had been finalized, and the companies may still pursue other opportunities to collaborate, Bloomberg said.

Anthropic did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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