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Amazon.com (AMZN) is back in focus after reports it is in advanced talks to buy AI startup Decart for about US$7b. The potential deal targets software that helps developers spread AI workloads across competing chips. For context, Amazon.com’s 7 day share price return of 3.23% and 90 day share price return of 4.86% sit…
Decart has also developed Oasis, a model that generates simulated environments to train and test robotics and autonomous-driving systems.
Amazon.com Inc. (AMZN) shares inched up 0.4% in overnight trading late Sunday after a report said the company is close to acquiring artificial intelligence startup Decart AI in a deal that could value the company at around $7 billion.The Wall Street Journal reported, citing people familiar with the…