"Jeff Bezos is returning to a chief executive role for the first time since leaving Amazon in 2021, launching a new artificial intelligence venture called Project Prometheus - a start-up already reported to have secured $6.2 billion in early-stage funding. According to The New York Times, the new company will be co-led by Bezos and Vik Bajaj, a former senior figure at Google X who worked closely with co-founder Sergey Brin and helped launch the Alphabet-backed biotech firm Verily."
"Project Prometheus is focused on developing AI systems to support high-stakes engineering and manufacturing across sectors such as aerospace, computing and automotive technology. The company has reportedly hired nearly 100 staff, drawing senior talent from OpenAI, Meta, DeepMind and other leading AI labs. If confirmed, the $6.2 billion raised - including contributions from Bezos himself - would make Project Prometheus one of the most heavily financed start-ups in the world, despite not yet having officially launched or provided detailed financial disclosures."
Jeff Bezos is returning to a chief executive role to launch Project Prometheus, an AI venture with reported early-stage funding of $6.2 billion. The company will be co-led by Bezos and Vik Bajaj and aims to develop AI systems for high-stakes engineering and manufacturing in sectors including aerospace, computing, and automotive technology. Project Prometheus has recruited nearly 100 staff from leading AI labs such as OpenAI, Meta, and DeepMind. The venture joins a crowded AI landscape dominated by established firms, and its large funding haul raises questions about valuations amid bubble concerns.
Read at Business Matters
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