None
EN
Israeli AI co Decart mulls $5b exit
[]
News - Globes
Israeli AI company Decart, one of the few Israeli AI players that develop their own language models, has entered into negotiations on a sale of the company following offers estimated at about $5 billion.
Just three months ago, Decart raised capital from Nvidia at a valuation of $4 billion, "Globes" has learned.
It is believed that one of the acquisition offers that Decart is examining is from Nvidia itself.
If Decart is ultimately sold at a $5 billion valuation, that will represent a very quick exit for the investors who only three months ago bought shares at a valuation of $4 billion.
No responses to the report were forthcoming from Decart or Nvidia.