By all appearances, Decart is moving fast. The Tel Aviv-based AI startup has secured $100 million in new funding at a $3.1 billion valuation, just two years after it was founded. It now counts 60 employees and a growing global presence. At the center of its pitch: the belief that AI’s next frontier won’t be text or images, but real-time video.
While others rushed to build language models, Decart started with the hardware layer, developing a GPU optimization stack that it quietly licensed to major cloud providers in multi-million dollar deals. That foundation gave the company early revenue, and the technical leverage to go further.
Today, Decart’s flagship models Oasis and Mirage aim to do something few others have achieved: generate and manipulate video on the fly. Oasis, which the company says is the first real-time video generation model launched at scale, attracted a million users within days of release. Mirage, its newest tool, lets users modify live video streams with text prompts, tailored for use cases like streaming and gaming.
Decart CEO Dean Leitersdorf is a Technion alumnus.