Anthropic has decided not to pursue an acquisition of artificial intelligence startup Decart AI, Bloomberg News reported on Monday, citing people familiar with the matter.
Here are some details:
- Anthropic had explored a deal for Decart that Bloomberg News previously reported could be worth about US$6 billion, but ultimately walked away after conducting due diligence, the report said.
- The companies could still pursue other forms of collaboration, the report added.
- Reuters could not immediately verify the report. Decart AI and Anthropic did not immediately respond to requests for comment outside business hours.
- Reuters reported last month that Anthropic was in talks to acquire Nvidia-backed Decart as the Claude chatbot maker explored acquisitions that could help it handle growing demand ahead of a planned public listing.
- Decart develops AI infrastructure and optimization technology and has built models including its Lucy live-video editing model and Oasis simulation platform.
- Anthropic is preparing for an initial public offering and is expected to begin marketing the offering in mid-October at the earliest, with a listing targeted before the U.S. midterm elections in November.
Reuters
