← Back to live feed1 story
Discussions for a high-value corporate buyout have collapsed after Anthropic decided to terminate a potential transaction. The purchase of AI startup Decart would have involved a $6 billion payment to acquire the firm and its technology.
No official reasons were disclosed for the failure of the transaction to close. The abandonment of the deal prompted some industry observers to suggest that rigorous due diligence is returning to the high-valuation AI sector.
Sign in to suggest edits
Key sources
- SOURCE@business“walked away from a potential $6 billion acquisition”x.com
- SUPPORT@financialjuice“said to abandon $6 billion Decart buyout”x.com
- SUPPORT@tarunchitra“Due Diligence making a comeback?”x.com
- SUPPORT@techmeme“after performing due diligence on the startup (Bloomberg)”x.com
- SUPPORT@cointelegraph“AI chip-efficiency startup Decart”x.com
- SOURCEhuggingnewshuggingnews.com
- SOURCE@kalshi“"walk away" from $6 billion Decart acquisition”x.com
- SUPPORT@kalshi“Negotiations stopped after Decart reportedly refused to move the company from Israel to the US”x.com