Israeli AI co Decart mulls $5b exit
Israeli AI company Decart has entered negotiations for a potential sale at an estimated $5 billion valuation, just three months after raising capital from Nvidia at a $4 billion valuation. Nvidia is believed to be one of the possible buyers. Market sources express doubt about the deal due to Decart's low sales and product focus changes, suggesting its engineering talent may be the main attraction. Decart has raised $450 million since its founding in 2023.
Israeli AI company Decart has entered negotiations for a potential sale at an estimated $5 billion valuation, just three months after raising capital from Nvidia at a $4 billion valuation. Nvidia is believed to be one of the possible buyers. Market sources express doubt about the deal due to Decart's low sales and product focus changes, suggesting its engineering talent may be the main attraction. Decart has raised $450 million since its founding in 2023.