"Bezos is going to be co-CEO of an AI company called Project Prometheus, marking his first operational role since handing over Amazon's reins to Andy Jassy in mid-2021. Despite only being revealed to the world in a Monday New York Times article, his new venture can reportedly already boast $6.2 billion in funding. Unsurprisingly, some of that cash comes from Bezos himself. After all, he is currently the world's third-richest man, with an estimated net worth of around $245 billion."
"Back in July, Mira Murati's Thinking Machines Lab picked up $2 billion in funding at a valuation of $12 billion. The former OpenAI CTO's operation had not even announced a product at the time, let alone any revenues. Thinking Machines Lab has since released an API for fine-tuning language models, but hasn't yet started charging for its use. Nonetheless, the startup is reportedly already chasing more funding at a $50 billion valuation."
"Safe Superintelligence, co-founded by former OpenAI chief scientist Ilya Sutskever, also took $2 billion in funding earlier this year at a reported valuation of $30 billion. Again, the "safe AI" company has no product or revenues. Project Prometheus (not to be confused with the nuclear-powered-spacecraft scheme that NASA scrapped two decades ago) will reportedly focus on AI for engineering and manufacturing. One sector it's targeting is aerospace, hinting at some crossover with Bezos' rival to SpaceX, Blue Origin."
Jeff Bezos is returning to an operational CEO role as co-CEO of Project Prometheus, an AI startup backed by $6.2 billion. Bezos has personally contributed funds and holds an estimated net worth near $245 billion. The current funding environment shows massive investments into AI startups with high valuations despite limited products or revenues, exemplified by Thinking Machines Lab and Safe Superintelligence. Project Prometheus will target AI for engineering and manufacturing, including aerospace applications. The startup aims to build systems that learn from observations and interactions with the physical world. Bezos previously invested in AI robotics firm Physical Intelligence.
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