A journal report says Amazon is negotiating to acquire Descartes AI, a startup founded in 2023 by three Israeli engineers, in a deal that could be valued around 7 billion and could close soon. Descartes sells software that reduces the cost of training and running AI by helping chips work more efficiently, and it develops world models for uses such as autonomous driving and e-commerce. Anthropic had been in talks to buy the company for 6 billion but decided against it in September. Separately, IonQ is buying Elisity in an all-stock deal worth as much as 1.3 billion, including up to 150 million in performance-based earnouts, to expand its cybersecurity platform. T-Mobile shares fell 13% on Friday after SpaceX announced plans to buy more wireless spectrum, though Wall Street doubts SpaceX can upend the industry soon.
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