Israeli AI Startup Decart Valued at $6-7 Billion in Sale Talks, SpaceX and Amazon as Potential Buyers
Israeli AI startup Decart is in discussions with international tech giants for a sale, with a valuation of approximately $6 to $7 billion, and the deal could be signed as early as next week. Founded in 2023, Decart focuses on developing AI models for real-time video generation and has around 100 employees, having raised approximately $450 million in total funding. The company completed a $300 million funding round in May, valuing it at $4 billion. Initial negotiations were with Nvidia, but as they neared completion, another giant intervened, prompting the founder to shift focus to new buyers. Industry speculation suggests that the new buyer could be SpaceX, although Amazon and Nebius are also interested. Decart's technological advantage lies in its ability to generate videos at a lower cost than competitors. SpaceX founder Elon Musk has maintained contact with co-founder Dean Leitersdorf since experiencing the game Oasis, developed using Decart's technology, in 2024. If the buyer is SpaceX, it would mark the company's first R&D center in Israel. Previously, SpaceX acquired AI programming startup Cursor for $60 billion after its IPO, and acquiring Decart would further strengthen its position in the AI infrastructure sector.
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