One of Israel’s fastest-rising AI companies may already be heading toward a multibillion-dollar exit.

Israeli startup Decart is in advanced negotiations to be acquired for roughly $6 billion to $7 billion, according to a Calcalist report, less than three years after the company was founded. Drafts of a deal are reportedly already at an advanced stage, with an agreement potentially coming soon.

The identity of the buyer remains unclear. Nvidia had been negotiating directly to acquire Decart and was reportedly close to an agreement before another major technology company entered with a higher offer. Industry sources cited by Calcalist have pointed to Elon Musk’s SpaceX as a possible bidder, while Amazon and Israel-linked cloud company Nebius are also believed to have shown interest. Decart declined to comment.

The numbers are remarkable even by the standards of Israel’s booming AI sector. Decart raised $300 million only months ago at an estimated $4 billion valuation, bringing its total funding above $450 million. That round included Nvidia as an investor, while Amazon became a strategic customer. A sale at $6 billion to $7 billion would therefore mark another dramatic increase in the company’s value in a matter of months.

Founded by Unit 8200 veterans Dean Leitersdorf and Moshe Shalev, Decart has built technology aimed at making advanced AI dramatically more efficient while also developing real-time “world models.” Its Decart Optimization Stack is designed to improve performance across major AI processors, including Nvidia GPUs, Amazon Trainium and Google TPUs, while products including Oasis and Lucy generate and transform interactive video in real time.

Decart first drew widespread attention with Oasis, an interactive AI-generated world capable of responding to users in real time. Musk publicly reacted to the technology after its release, and Calcalist reports that he and Leitersdorf have remained in contact.

A SpaceX acquisition would also fit into Musk’s rapidly expanding AI strategy. SpaceX absorbed xAI earlier this year and subsequently agreed to acquire Anysphere, the company behind the AI coding platform Cursor, in a $60 billion transaction. Decart could add another layer: technology aimed at squeezing substantially more AI performance from expensive computing infrastructure while enabling low-latency generative applications.

The implications for Israel could extend beyond the exit itself. Calcalist reports that if SpaceX ultimately wins the bidding, Decart could become the foundation for SpaceX’s first R&D center in Tel Aviv, bringing another of the world’s most valuable technology companies directly into Israel’s innovation ecosystem.

For now, however, no buyer has been confirmed and no final agreement has been announced. What is clear is that a startup launched by two Israeli intelligence veterans less than three years ago has suddenly become a multibillion-dollar prize in the global race for AI infrastructure.