Jeff Bezos’ Project Prometheus Nears $10 Billion Round at $38 Billion Valuation
The Financial Times reported that Jeff Bezos’ AI startup Project Prometheus is close to raising about $10 billion at a valuation of roughly $38 billion, including the new money.
According to the report, the company is developing AI designed to understand the physical world, with applications in engineering and manufacturing. Bezos is a founding investor leading the fundraising effort, and JPMorgan and BlackRock are among the reported backers.
From the sources (5 posts)
@wallstengineFT: Jeff Bezos’s AI startup Project Prometheus is close to a funding round of about $10B at a roughly $38B valuation including the new money. The company is building AI focused on understanding the physical world, with applications across e
@reutersJeff Bezos' AI lab nears $38 billion valuation in funding deal, FT reports
@stockmktnewzJeff Bezos is close to raising $10 Billion at a $38 Billion valuation for his new private AI startup
@reutersJeff Bezos' AI lab nears $38 billion valuation in funding deal, FT reports
@ftFT Exclusive: Jeff Bezos is close to a $10bn fundraising deal from investors at a $38bn valuation for his lab, which is focused on AI that can understand the physical world and transform engineering and manufacturing.