Tuesday, 8 September 2026 MUMBAI EDITION LIVE

Anthropic Drops ₹52,800 Crore Decart AI Deal

Anthropic ends talks to buy Decart AI, valued at $6 billion. Deal collapse after months of negotiation.

Mumbai Alert · Markets Desk
Mumbai Alert · Markets Desk
Markets Desk · Mumbai Alert News · Tue, 08 September 2026 at 11:56 am
Anthropic Drops ₹52,800 Crore Decart AI Deal

Anthropic has walked away from a potential deal to acquire AI startup Decart AI, valued at roughly $6 billion (₹52,800 crore). The decision comes after months of talks and due diligence, with the two companies potentially exploring other collaboration opportunities in the future.

Anthropic, the maker of the Claude chatbot, had been in discussions to acquire Decart since August, with the aim of enhancing its computing infrastructure to meet growing demand. Decart's software is designed to reduce the cost of training and running AI by optimizing chip performance, making it an attractive target for Anthropic.

Decart's technology has various applications, including autonomous driving and e-commerce. The company's Lucy AI model can generate real-time, high-resolution videos, allowing users to try on virtual clothes or accessories. This capability has already been utilized by e-commerce platform eBay, an investor and customer of Decart.

Anthropic's decision to abandon the deal may be linked to its preparations for a planned initial public offering (IPO). The company has been increasing its spending on computing power to develop new products and serve customers, with the goal of raising significant funds in its eventual listing. People familiar with the preparations suggest that Anthropic may be seeking to raise as much as SpaceX or more in its IPO.

Decart, founded in 2023 by Israeli engineers Dean and Orian Leitersdorf and Moshe Shalev, has experienced rapid growth in valuation. In May, the company raised $300 million in a funding round led by Radical Ventures, valuing Decart at almost $4 billion. This represents a significant increase from its valuation of $3.1 billion in August 2025.

Decart's technology is already being used by various platforms, including Twitch, TikTok, and YouTube, as well as by advertising companies. The company's CEO, Dean Leitersdorf, has highlighted the potential of Decart's AI technology, which is trained on text and millions of hours of video to model real-world physics.

The collapse of the deal between Anthropic and Decart AI may have implications for the AI industry, as companies continue to explore ways to enhance their computing infrastructure and develop new products. However, the potential for future collaboration between the two companies remains, and Decart's technology is likely to continue to attract interest from investors and customers.

In the context of the AI industry, the deal's collapse highlights the challenges and complexities involved in acquiring and integrating AI startups. As companies like Anthropic prepare for IPOs and seek to expand their offerings, they must carefully consider their strategic priorities and investment decisions.

The decision by Anthropic to walk away from the deal may also reflect the company's focus on its core business and its efforts to develop new products and services. As the AI industry continues to evolve, companies like Anthropic and Decart will play important roles in shaping its future direction.

In conclusion, the collapse of the deal between Anthropic and Decart AI is a significant development in the AI industry, with potential implications for the future of computing infrastructure and AI technology. As companies continue to navigate the complexities of the AI landscape, they must prioritize strategic decision-making and investment in emerging technologies.

The deal's collapse may also have implications for Mumbai's AI industry, as companies like Anthropic and Decart AI continue to shape the global AI landscape. As the city's AI sector grows, it is likely to attract increased investment and attention from companies around the world.

Overall, the decision by Anthropic to abandon the deal is a reminder of the dynamic and rapidly evolving nature of the AI industry. As companies continue to innovate and develop new technologies, they must remain agile and adaptable in response to changing market conditions and strategic priorities.

In the end, the collapse of the deal between Anthropic and Decart AI may prove to be a significant turning point in the AI industry, as companies continue to explore new opportunities and challenges in the years to come.

Frequently asked questions

What is Decart AI and what does it do?

Decart AI is a startup that makes software designed to reduce the cost of training and running AI by helping chips operate more efficiently.

Why did Anthropic want to acquire Decart AI?

Anthropic wanted to acquire Decart AI to enhance its computing infrastructure and meet growing demand.

anthropicdecart aiai startupipo
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