Amazon is said to be in talks to buy AI startup Decart for $7 billion

Amazon.com was reported on October 11, 2026 to be negotiating the purchase of Decart, an artificial intelligence startup, in a transaction valued at about $7 billion, according to The Columbian, which said the deal would be among the retailer's largest acquisitions in recent years. The report described talks, not a signed agreement.

Decart builds software that allows AI developers to move workloads between different chips, and is also developing models that generate three-dimensional environments. A purchase would extend Amazon's spending on AI infrastructure and its own silicon.

On October 12, 2026, Wells Fargo reduced its price target on Amazon to $329.00 from $338.00 while maintaining an overweight rating, Yahoo Finance reported. The firm said it expects Amazon Web Services growth to pick up in the fourth quarter and expects the company to repeat its $220 billion capital spending plan for 2026.

Amazon reported second-quarter revenue of $200.61 billion and operating income of $27.46 billion on June 30, 2026, increases of 19.6% and 43.2% from a year earlier. AWS revenue was $42.23 billion, up 36.8%.

Third-quarter results are expected on October 29, 2026, with analysts forecasting revenue of $202.10 billion and earnings of $1.96 a share, per MarketBeat. Amazon's market value stands at $2.7 trillion.

This story was first reported by ad-hoc-news.de.