Amazon eyes Decart at $7 billion, HUB Security faces an insolvency petition, and One Zero cuts jobs
Amazon is reported to be in talks to buy Israeli-founded AI startup Decart for around $7 billion, a creditor asks for insolvency proceedings against HUB Security, One Zero lays off about 25 people, and Smotrich rejects a higher tax on stock options.
Amazon is in talks to buy Decart, an AI startup founded by three Israeli engineers, for around $7 billion - Anthropic had discussed buying Decart for about $6 billion before deciding against it in September.
Sources: Bloomberg, TradingKey, Israel Hayom
A creditor asks the court to open insolvency proceedings against HUB Security - Consulting firm…
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