Jeff Bezos' AI lab nears $38 billion valuation in funding deal, FT reports
Jeff Bezos' AI lab, Project Prometheus, is nearing a $10 billion funding round, valuing the startup at $38 billion. The investment comes amid strong enthusiasm for AI companies from investors like JPMorgan and BlackRock.
Jeff Bezos' artificial intelligence lab, Project Prometheus, is close to securing a $10 billion funding round. The investment will value the startup at $38 billion. Investors include JPMorgan and BlackRock. The startup focuses on AI for engineering and manufacturing in industries like computers, automobiles, and spacecraft. Bezos is among the initial investors and has led the fundraising effort alongside co-CEO Vikram Bajaj. The funding round is expected to close soon.
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