Amazon Negotiates $7 Billion Deal to Buy AI Startup Decart

Amazon is negotiating to acquire artificial intelligence startup Decart in a transaction that could value the firm at roughly $7 billion, The Wall Street Journal reported late Sunday. The discussions highlight ongoing, aggressive capital allocation toward specialized AI architecture as hyperscalers position their infrastructure for model training and real-time generation. The development lands as tech options structure shows real friction across the index complex. On my equity board, QQQ trades at 751.37, sitting directly beneath its 752.10 gamma flip. That puts dealers in short gamma, where their hedging obligations force them to press directional moves rather than absorb them. The tech complex is penned between a 750 put wall and a 755 call wall, with an expected move of plus or minus 0.56% and skew running at 0.9. When an index sits below its flip, headline catalysts encounter an environment where dealer flows amplify intraday volatility instead of smoothing it out. Broader equity positioning reflects a similar split. SPY trades at 778.60, remaining above its flip at 776.18 with a 780 call wall overhead, but tech remains the primary battleground. Meanwhile, the macro wires carry additional tension: Reuters reported that Iran termed the United States response regarding the Strait of Hormuz proposal insufficient, keeping headline risk elevated across broader assets. The reported $7 billion price tag for Decart demonstrates that tech balance sheets continue committing capital to generative infrastructure despite broader market crosscurrents. With QQQ pinned right against its 750 put wall in short-gamma territory, any follow-through on market open will meet dealers trading with the tape rather than standing against it.