AI BriefingJeff Bezos Nears $10 Billion Investment for AI Startup
Key point
Bezos's AI startup Project Prometheus is on the verge of securing $10 billion in funding.
Details
An AI startup backed by Jeff Bezos, codenamed Project Prometheus, is close to finalizing a new funding round of $10 billion. The company is developing models that understand the physical world, and the FT reported that it was valued at $38 billion.
JPMorgan and BlackRock are reported to have participated in this round. However, the deal has not yet been finalized, and the company and the two investors did not respond to the FT's request for comment.
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