Israeli AI startup Decart is in advanced talks to sell itself to an international tech giant at a $6 billion-$7 billion valuation, with a deal possible next week, according to an exclusive report from CTech (Calcalist) cited by ChainCatcher. Decart, founded in 2023, develops real-time video generation models and has roughly 100 employees. Total funding stands at around $450 million, including a $300 million round in May that valued the company at $4 billion. Negotiations began with Nvidia but changed course after another tech giant stepped in near the finish line. The likely buyer is believed to be SpaceX, while Amazon and Nebius have also been linked to the deal. Decart's edge is generating video at far lower cost than rivals. Musk tested Oasis, a game based on Decart's tech, in 2024 and has since stayed in touch with co-founder Dean Leitersdorf. Sequoia Capital partner Shaun Maguire, who organized Musk's post-war Israel trip, has backed Decart since seed. If SpaceX buys the company, it would open SpaceX's first R&D center in Israel. SpaceX previously acquired Cursor for $60 billion after its IPO, and absorbing Decart would strengthen its AI infrastructure ambitions.
ChainCatcher reported, citing an exclusive by Israel's CTech (Calcalist), that AI startup Decart is in advanced talks to sell itself to an international tech giant. The deal values Decart at $6 billion to $7 billion and could be signed as early as next week.
Decart builds AI models for real-time video generation. Founded in 2023, it has around 100 employees and roughly $450 million in total funding. In May it raised $300 million at a $4 billion valuation.
The negotiations originally involved Nvidia. When a deal was near, another giant entered the picture and the founders shifted to the new suitor. Speculation points to SpaceX as the likely buyer; Amazon and Nebius are also said to be interested. Decart's edge: it can generate video at a cost far below rivals.
Musk has kept up regular contact with co-founder Dean Leitersdorf since trying Oasis, a game built on Decart's tech, in 2024. Sequoia Capital partner Shaun Maguire, who organized Musk's post-war trip to Israel, has invested since the seed round.
If SpaceX acquires the startup, it would be SpaceX's first R&D center in Israel. SpaceX already bought AI coding startup Cursor for $60 billion after its IPO; buying Decart would strengthen its AI infrastructure push even further.
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