Bezos-Backed AI Startup Aims for $38B Valuation with $10B Funding Drive

1 min read
Source: Business Insider
Bezos-Backed AI Startup Aims for $38B Valuation with $10B Funding Drive
Photo: Business Insider
TL;DR Summary

Bezos-cofounded Project Prometheus is seeking roughly $10 billion in fresh funding at a post-money valuation around $38 billion to develop 'physical AI' for real-world industrial processes; the secretive startup, led by Vik Bajaj and hiring from OpenAI and Google DeepMind, has a 50-200 person team in San Francisco and could be venturing into its first major round since last year’s $6.2 billion launch raise.

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