Huo Xing Cai Jing reports, according to GeekWire, that Prometheus, the AI startup co-founded by Jeff Bezos, has completed a $12 billion Series B funding round, valuing the company at approximately $41 billion. Investors include JPMorgan Chase, BlackRock, Goldman Sachs, DST Global, and Arch Venture Partners. Prometheus has dropped the word “Project” from its original name and is focused on building what Bezos calls an “artificial general intelligence engineer” to accelerate the development of physical products from design to manufacturing using AI tools. Prometheus co-CEO Vik Bajaj said that over the past few years, complex design-to-manufacturing challenges have been transformed into end-to-end AI problems. Bezos revealed that the company may acquire manufacturing businesses that could benefit from its technology and help improve their production processes. This marks Bezos’s first role as CEO since stepping down as Amazon’s CEO in 2021. The company currently has around 150 employees, with its headquarters in San Francisco and teams in London and Zurich. Bezos stated that the product launch timeline has not yet been finalized, but an early version is imminent.
Prometheus Completes $12B Series B Funding, Valued at $41B
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Summary
Prometheus, an AI startup co-founded by Jeff Bezos, has secured $12 billion in Series B funding, raising its valuation to $41 billion. Major investors include JPMorgan Chase, BlackRock, and Goldman Sachs. The company, now dropping “Project” from its name, is developing a general-purpose AI engineer to accelerate physical product development. Bezos, who is serving as CEO for the first time since leaving Amazon, said early versions of the product will arrive soon. This move introduces fresh AI + crypto news as Prometheus explores AI-driven manufacturing and potential acquisitions.
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