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Anthropic nears $6 billion deal for Israeli AI startup Decart, creating new billionaires

2h ago ·  Source: The Jerusalem Post 82Objectivity score82/100

Anthropic nears $6 billion deal for Israeli AI startup Decart, creating new billionaires

Decart's shareholders believe they can produce a higher return from shares of a company like Anthropic, which is planning to launch the largest IPO in history, at a company valuation of $2 trillion.

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🗞️ In-depth summary

Anthropic, the US AI company behind Claude, is reportedly nearing a $6 billion deal to acquire Israeli AI startup Decart. This acquisition is expected to create at least two new billionaires, founders Dean Leitersdorf and Moshe Shalev, who along with Orian Leitersdorf, are projected to receive between $1 billion and $1.5 billion each. The founders opted for a lower offer from Anthropic, primarily in shares, over a higher cash offer from Nvidia, anticipating greater returns from Anthropic's planned IPO. Decart is expected to become Anthropic's second R&D center outside the US, focusing on improving the efficiency of Anthropic's models on various chips.

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This story is based on reporting by The Jerusalem Post.
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