Decart
 | |
| Type | Private |
|---|---|
| Industry | Artificial intelligence |
| Founded | September 7, 2023 |
| Founders | Dean Leitersdorf Orian Leitersdorf Moshe Shalev |
| Headquarters | Tel Aviv , Israel |
Key people | Dean Leitersdorf (CEO) Orian Leitersdorf (CSO) Moshe Shalev (CPO) |
| Products | Oasis Lucy Decart Optimization Stack (DOS) |
Number of employees | 60+ (as of August 2025)[update][1] |
| Website | decart |
Decart (styled Decart AI) is an Israeli artificial intelligence company that develops real-time world models and the infrastructure to power them. Real-time world models are generative AI systems that produce interactive video and simulated environments frame by frame with low latency. Founded in September 2023 by Dean Leitersdorf, Orian Leitersdorf, and Moshe Shalev, the company is headquartered in Tel Aviv, with additional offices in San Francisco and New York.[2][3]
In October 2024, Decart released Oasis, an AI model that generated a real-time, playable simulation of Minecraft.[4][5][6] It also developed Lucy, a video-to-video model for editing video streams in real-time.[7][8][9]
In 2025, Decart became the first Israeli AI-focused unicorn company.[1][10] As of 2026, it has a valuation of approximately $4 billion.[11][3][12]
History
[edit]Decart was founded on September 7, 2023, by Dean Leitersdorf, his brother Orian Leitersdorf, and Moshe Shalev.[2][11][13] Dean Leitersdorf and Shalev met while serving in reserve duty in Unit 8200, an intelligence unit of the Israel Defense Forces.[2][14]
In October 2024, Decart publicly launched and announced a $21 million seed funding round led by investor Oren Zeev.[4][15] The company began operations as an AI lab. Its initial commercial product, later branded the Decart Optimization Stack (DOS), was designed to reduce the cost of training and running AI models by improving GPU efficiency.[16][1]
Oasis
[edit]On October 31, 2024, Decart released Oasis, a playable, real-time, open-world AI model, developed jointly with AI chip startup Etched. The model generated a Minecraft-style video game frame by frame in response to keyboard and mouse input, simulating physics, rules and graphics without traditional game code, and was trained on recorded Minecraft gameplay footage.[4][17]
By August 2025, Decart had grown to more than 60 employees, and had opened additional offices in San Francisco and New York alongside its Tel Aviv headquarters and a research presence in northern Israel.[1][10]
Lucy
[edit]In 2025, Decart introduced Lucy, a real-time world model for immersive video applications such as virtual try-on, live streaming, and advertising, and in January 2026 released an updated version, Lucy 2, which could generate continuous 1080p video at 30 frames per second. Applications include real-time character and wardrobe changes for livestreamers and integration with Nvidia Omniverse for robotics training simulations. The Lucy 2 model was deployed on Amazon's Trainium3 chips. According to an Amazon executive, the deployment achieved more than 80% model FLOPS utilization.[12] In July 2026, Decart released Lucy 2.5.[18]
Oasis 3
[edit]In June 2026, Decart unveiled Oasis 3, an interactive world model built on its Lucy foundation model that generates photorealistic, multi-camera driving environments in real time for training autonomous vehicle systems.[19] In July 2025, Decart announced a collaboration with the Technion – Israel Institute of Technology, providing funding for the university's undergraduate honors program, which was subsequently renamed the Technion–Decart Excellence Program. The two organizations also signed a memorandum of understanding to establish a joint artificial intelligence research center.[20]
Funding
[edit]In October 2024, Decart raised US$21 million seed funding round led by investor Oren Zeev.[4][15] In December 2024, Decart raised a $32 million Series A round led by Benchmark, with participation from Sequoia Capital and Zeev Ventures, at a valuation of $500 million.[21][16] By August 2025, the company raised $100 million at a $3.1 billion valuation, in a round including new investor Aleph alongside returning investors Sequoia Capital, Benchmark, and Zeev Ventures. After this round, Decart became the first AI-focused unicorn in Israel.[1][10] In May 2026, Decart raised $300 million in a funding round led by Radical Ventures, with new investors including Nvidia, Adobe Ventures, Toyota Ventures, eBay Ventures, Atreides Management, and Valor Equity Partners, alongside returning investors Sequoia Capital, Benchmark, and Zeev Ventures.[3][12] The round valued the company at approximately $4 billion.[3][12]
References
[edit]- 1 2 3 4 5 Gilead, Assaf (August 7, 2025). "Israeli AI co Decart raises $100m at $3.1b valuation". Globes. Retrieved July 24, 2026.
- 1 2 3 Shulman, Sophie (April 30, 2025). "Inside Decart: The Israeli startup chasing AI greatness—one sleepless night at a time". CTech. Retrieved July 24, 2026.
- 1 2 3 4 Orbach, Meir (May 18, 2026). "Nvidia backs Israeli AI unicorn Decart in $300 million funding round at $4 billion valuation". CTech. Retrieved July 24, 2026.
- 1 2 3 4 Wiggers, Kyle (October 31, 2024). "Decart's AI simulates a real-time playable version of Minecraft". TechCrunch. Retrieved July 24, 2026.
- ↑ page, Scott J. Mulliganarchive. "This AI-generated version of Minecraft may represent the future of real-time video generation". MIT Technology Review. Retrieved July 24, 2026.
- ↑ Knight, Will (November 13, 2024). "The First Entirely AI-Generated Video Game Is Insanely Weird and Fun". Wired. ISSN 1059-1028. Retrieved July 24, 2026.
- ↑ Shahaf, Tal (July 19, 2025). "Israeli AI startup Decart unveils real-time video-to-video transformation tool". Ynetnews. Retrieved July 24, 2026.
- ↑ "George Floyd, Jeffrey Epstein et Sydney Sweeney: c'est quoi Delulu, l'application de deepfakes qui a permis à un streamer de se faire passer pour MrBeast et de dire qu'il aimait toucher les "zizis des petits garçons"". BFM (in French). May 20, 2026. Retrieved July 24, 2026.
- ↑ Turner, Callum (July 20, 2026). "Decart's Lucy 2.5 unlocks new live video effects, but physical AI is the real winner". TNW. Retrieved July 24, 2026.
- 1 2 3 Shahaf, Tal (August 8, 2025). "The Israeli AI unicorn that wants to replace Netflix, YouTube and TikTok". Ynetnews. Retrieved July 24, 2026.
- 1 2 Whelan, Robbie (May 18, 2026). "Startup Makes Switching AI Chips Easier—and Nvidia Is a New Investor". Wall Street Journal. ISSN 0099-9660. Retrieved July 24, 2026.
- 1 2 3 4 Stanciuc, Ana-Maria (May 18, 2026). "Decart raises $300M to put a real-time world model in front of Amazon's chips". The Next Web. Retrieved July 24, 2026.
- ↑ Love, Katherine. "World Of Forbes: Stories Of Entrepreneurial Capitalism Across Our 49 International Editions". Forbes. Retrieved July 24, 2026.
- ↑ "From stealth to $3.1 billion in less than a year". CTech. July 8, 2025. Retrieved July 24, 2026.
- 1 2 "Sequoia-backed Decart raises $21M in Seed funding to pioneer scalable, cost-efficient GenAI". CTech. October 31, 2024. Retrieved July 24, 2026.
- 1 2 Deutscher, Maria (December 19, 2024). "AI world model startup Decart reels in $32M". SiliconANGLE. Retrieved July 24, 2026.
- ↑ "Minecraft Is Digging Deep Into AI For More Immersive Gameplay". NDTV. Archived from the original on April 11, 2026. Retrieved July 24, 2026.
- ↑ Turner, Callum (2026-07-20). "Decart's Lucy 2.5 unlocks new live video effects, but physical AI is the real winner". TNW | Artificial-intelligence. Archived from the original on 2026-08-12. Retrieved 2026-08-16.
- ↑ Bellan, Rebecca (June 10, 2026). "Decart's new world model can simulate hours of photorealistic driving — with some caveats". TechCrunch. Retrieved July 24, 2026.
- ↑ Orbach, Meir (July 7, 2025). "Decart pledges millions to Technion in strategic AI push". CTech. Retrieved July 24, 2026.
- ↑ Lunden, Ingrid (December 19, 2024). "Decart nabs $32M at $500M+ valuation to build AI tech and 'open world' apps". TechCrunch. Retrieved July 24, 2026.