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Amazon Wants to Pay $7 Billion for a 3-Year-Old AI Startup That Makes AI Run Faster on Nvidia's Chips and Its Own

Source: 247wallst.com

M&A & RestructuringArtificial IntelligenceTechnology & Innovation
Amazon Wants to Pay $7 Billion for a 3-Year-Old AI Startup That Makes AI Run Faster on Nvidia's Chips and Its Own

Amazon is reportedly nearing a $7 billion deal for a startup with roughly 100 employees and no disclosed revenue. The article says the main value is not the startup’s widely discussed video models, but does not identify the underlying asset or provide further deal details.

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