US EditionJeff Bezos' AI Lab Nears $38 Billion Valuation in Funding Deal, FT ...
The startup is targeting its first funding since a $6.2 billion launch raise last year as it expands physical AI for industrial uses.
- On Monday, Amazon founder Jeff Bezos' artificial intelligence startup, Project Prometheus, reportedly neared a $10 billion funding round, boosting its valuation to $38 billion.
- Launched in November 2025 with $6.2 billion, Prometheus focuses on "Physical AI," systems that understand the laws of physics to improve industrial processes like manufacturing and aerospace.
- Major financial institutions JPMorgan and BlackRock are among the investors in this round, with the fundraising expected to close soon but not yet finalized.
- Led by CEO Vikram Bajaj, the startup has grown to over 120 employees, attracting top talent from OpenAI, Meta, and Google DeepMind.
- Prometheus remains in its early phase without publicly demonstrated commercial deployments, even as Bezos explores raising up to $100 billion for a separate investment fund.
26 Articles
26 Articles
Getting Physical: Jeff Bezos’s Billion-Dollar Quest to Fire Up Manufacturing with AI
He’s not giving fire to mankind, but Jeff Bezos thinks “physical AI” could be equally transformative for industrial firms. It’s a premise juicy enough that the Amazon founder’s latest endeavor, the aptly code-named Project Prometheus, is close to scoring a new $10 billion fundraise at a cool $38 billion valuation, according to the Financial Times. We’re just assuming for everyone’s sake that Bezos has a plan for sidestepping the “eternal torment…
Company with code name Prometheus Project works in models for industrial applications and is close to closing a $10 billion financing agreement with investors
Who’s who in the world of AI?
Amazon founder Jeff Bezos is “close” to securing a $10 billion (£7.4 billion) fundraising deal from investors for his AI lab, codenamed Project Prometheus, said the Financial Times. The deal would make the company, which aims to explore how AI systems can be applied across physical industries, “one of the best-financed early-stage start-ups globally”, and marks the first time Bezos has served in an operational role since stepping down as chief e…
Jeff Bezos’ physical AI lab is close to raising $10 billion
Project Prometheus, launched in November 2025 with $6.2 billion in initial funding, is developing AI systems that understand the physical world, targeting engineering, manufacturing, aerospace, robotics, and drug discovery. The round has not yet closed. Jeff Bezos is close to finalising a $10 billion funding round for his AI laboratory at a $38 billion valuation, […] This story continues at The Next Web
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