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Decart

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From Wikipedia, the free encyclopedia
Decart
TypePrivate
IndustryArtificial intelligence
FoundedSeptember 7, 2023; 2 years ago (2023-09-07)
FoundersDean Leitersdorf
Orian Leitersdorf
Moshe Shalev
Headquarters
Tel Aviv
,
Israel
Key people
Dean Leitersdorf (CEO)
Orian Leitersdorf (CSO)
Moshe Shalev (CPO)
ProductsOasis
Mirage
Lucy
Decart Optimization Stack (DOS)
Number of employees
60+ (as of August 2025)[1]
Websitedecart.ai

Decart (styled Decart AI) is an Israeli artificial intelligence company that develops "real-time world models"—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 Mirage, a video-to-video style-transfer tool, and Lucy, a continuous world model for immersive video.[7][8][9]

In 2025, Decart became the first Israeli AI-focused unicorn company. [10][11] As of 2026, it has a valuation of approximately $4 billion.[12][3][13]

History

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Decart was founded on September 7, 2023, by Dean Leitersdorf, his brother Orian Leitersdorf, and Moshe Shalev.[2][12][14] Dean Leitersdorf and Shalev met while serving in reserve duty in Unit 8200, an intelligence unit of the Israel Defense Forces.[2][15]

In October 2024, Decart publicly launched and announced a $21 million seed funding round led by investor Oren Zeev.[4][16] 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.[17][10]

Oasis

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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][18]

Mirage

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In July 2025, Decart launched Mirage (also referred to as "Mirage LSD"), a real-time video-to-video model, capable of transforming a live or pre-recorded video stream into a different visual style while preserving motion and structure using an autoregressive, frame-by-frame architecture Live-Stream Diffusion.[7] Mirage could run at about 20 frames per second with 100 milliseconds of end-to-end latency.[7][19]

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.[10][11]

Lucy

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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.[13]

Oasis 3

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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.[20] 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.[21]

Funding

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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.[22][17] 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.[10][11] 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][13] The round valued the company at approximately $4 billion.[3][13]

References

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  1. ↑ Gilead, Assaf (2025-08-07). "Israeli AI co Decart raises $100m at $3.1b valuation". Globes. Retrieved 2026-07-24.
  2. 1 2 3 Shulman, Sophie (2025-04-30). "Inside Decart: The Israeli startup chasing AI greatness—one sleepless night at a time". CTech. Retrieved 2026-07-24.
  3. 1 2 3 4 Orbach, Meir (2026-05-18). "Nvidia backs Israeli AI unicorn Decart in $300 million funding round at $4 billion valuation". CTech. Retrieved 2026-07-24.
  4. 1 2 3 Wiggers, Kyle (2024-10-31). "Decart's AI simulates a real-time playable version of Minecraft". TechCrunch. Retrieved 2026-07-24.
  5. ↑ page, Scott J. Mulliganarchive. "This AI-generated version of Minecraft may represent the future of real-time video generation". MIT Technology Review. Retrieved 2026-07-24.
  6. ↑ Knight, Will (2024-11-13). "The First Entirely AI-Generated Video Game Is Insanely Weird and Fun". Wired. ISSN 1059-1028. Retrieved 2026-07-24.
  7. 1 2 3 Shahaf, Tal (2025-07-19). "Israeli AI startup Decart unveils real-time video-to-video transformation tool". Ynetnews. Retrieved 2026-07-24.
  8. ↑ "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). 2026-05-20. Retrieved 2026-07-24.
  9. ↑ Turner, Callum (2026-07-20). "Decart's Lucy 2.5 unlocks new live video effects, but physical AI is the real winner". TNW. Retrieved 2026-07-24.
  10. 1 2 3 4 "Israeli AI co Decart raises $100m at $3.1b valuation". Globes. 2025-07-08. Retrieved 2026-07-24.
  11. 1 2 3 Shahaf, Tal (2025-08-08). "The Israeli AI unicorn that wants to replace Netflix, YouTube and TikTok". Ynetnews. Retrieved 2026-07-24.
  12. 1 2 Whelan, Robbie (2026-05-18). "Startup Makes Switching AI Chips Easier—and Nvidia Is a New Investor". Wall Street Journal. ISSN 0099-9660. Retrieved 2026-07-24.
  13. 1 2 3 4 Stanciuc, Ana-Maria (2026-05-18). "Decart raises $300M to put a real-time world model in front of Amazon's chips". The Next Web. Retrieved 2026-07-24.
  14. ↑ Love, Katherine. "World Of Forbes: Stories Of Entrepreneurial Capitalism Across Our 49 International Editions". Forbes. Retrieved 2026-07-24.
  15. ↑ "From stealth to $3.1 billion in less than a year". CTech. 2025-07-08. Retrieved 2026-07-24.
  16. ↑ "Sequoia-backed Decart raises $21M in Seed funding to pioneer scalable, cost-efficient GenAI". CTech. 2024-10-31. Retrieved 2026-07-24.
  17. 1 2 Deutscher, Maria (2024-12-19). "AI world model startup Decart reels in $32M". SiliconANGLE. Retrieved 2026-07-24.
  18. ↑ "Minecraft Is Digging Deep Into AI For More Immersive Gameplay". NDTV. Archived from the original on 2026-04-11. Retrieved 2026-07-24.
  19. ↑ Knight, Will (2025-07-17). "This AI Warps Live Video in Real Time". Wired. ISSN 1059-1028. Retrieved 2026-07-24.
  20. ↑ Bellan, Rebecca (2026-06-10). "Decart's new world model can simulate hours of photorealistic driving — with some caveats". TechCrunch. Retrieved 2026-07-24.
  21. ↑ Orbach, Meir (2025-07-07). "Decart pledges millions to Technion in strategic AI push". CTech. Retrieved 2026-07-24.
  22. ↑ Lunden, Ingrid (2024-12-19). "Decart nabs $32M at $500M+ valuation to build AI tech and 'open world' apps". TechCrunch. Retrieved 2026-07-24.
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