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Jeff Bezos's AI start-up raises $10B at $38B valuation
24 Apr 2026

Project Prometheus, an artificial intelligence (AI) lab co-led by Amazon founder Jeff Bezos, has raised $10 billion in a new funding round.

The round saw participation from major firms like JPMorgan Chase and BlackRock. However, no single lead investor has been identified.

The latest investment has pushed the company's valuation to about $38 billion.

Project Prometheus's focus on AI tools for manufacturing
AI tools

Project Prometheus is focused on developing AI tools for the design and manufacturing of physical products. The company is looking to expand beyond traditional software into manufacturing and engineering.

According to Bloomberg, the start-up has attracted investors beyond Silicon Valley, including private equity firms and sovereign wealth funds with strong industrial ties.

Tech-focused investors include DST Global and ARCH Venture Partners.

Bezos's role at Project Prometheus
Leadership

Bezos, who stepped down as Amazon CEO in 2021, is now the co-CEO of Project Prometheus with Vikram Bajaj, a former Google executive.

Project Prometheus is developing AI systems that can mimic the behavior of the physical world.

The company's tech could possibly predict how air flows around an airplane wing or where a metal part could crack under pressure.