{"id":409412,"date":"2026-04-21T04:20:08","date_gmt":"2026-04-21T04:20:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/409412\/"},"modified":"2026-04-21T04:20:08","modified_gmt":"2026-04-21T04:20:08","slug":"jeff-bezos-secretive-ai-startup-is-set-to-be-valued-at-around-38-billion","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/409412\/","title":{"rendered":"Jeff Bezos&#8217; Secretive AI Startup Is Set to Be Valued at Around $38 Billion"},"content":{"rendered":"<p>Project Prometheus, the secretive AI startup cofounded by Jeff Bezos, is raising around $10 billion in fresh funding at a post-money valuation of around $38 billion, according to multiple sources. <\/p>\n<p>\n                          Loading audio narration&#8230;\n                        <\/p>\n<p>The round is still in progress, and details could change. If completed, it would be the company&#8217;s first funding since the $6.2 billion it raised at launch last year.<\/p>\n<p>A spokeswoman for the startup declined to comment.<\/p>\n<p>Bezos cofounded Project Prometheus in November. Little is known about the startup other than that it is focused on physical AI designed to interact with real-world industrial processes, such as manufacturing, aerospace engineering, and semiconductor production, rather than purely digital tasks like chatbots.<\/p>\n<p>The other cofounder is co-CEO Vik Bajaj, who previously held senior roles at Google X, Alphabet&#8217;s moonshot lab, and is an adjunct professor at Stanford University&#8217;s School of Medicine.<\/p>\n<p>The Financial Times earlier reported details of the fundraise.<\/p>\n<p>Project Prometheus has been snapping up <a target=\"_blank\" class=\"\" href=\"https:\/\/sfstandard.com\/2026\/03\/02\/jeff-bezos-ai-company-san-francisco-office\/\" data-track-click=\"{&quot;click_type&quot;:&quot;other&quot;,&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;outbound_click&quot;}\" rel=\" nofollow noopener\">office space in San Francisco.<\/a> <a target=\"_blank\" class=\"\" href=\"https:\/\/observer.com\/2026\/04\/jeff-bezos-project-prometheus-new-hires\/?utm_source=chatgpt.com\" data-track-click=\"{&quot;click_type&quot;:&quot;other&quot;,&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;outbound_click&quot;}\" rel=\" nofollow noopener\">and luring away top talent from OpenAI<\/a>. Other hires have from xAI, Google Deepmind, according to LinkedIn, which says the company has between 50-200 employees.<\/p>\n<p>Bezos has also been in early discussions with investors in the Middle East and Southeast Asia to raise as much as $100 billion for an investment fund to acquire or invest in companies that would benefit from the technology developed by Project Prometheus, <a target=\"_blank\" class=\"\" href=\"https:\/\/www.nytimes.com\/2026\/03\/19\/technology\/jeff-bezos-ai-fund-project-prometheus.html\" data-track-click=\"{&quot;click_type&quot;:&quot;other&quot;,&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;outbound_click&quot;}\" rel=\" nofollow noopener\">the New York Times reported last month.<\/a><\/p>\n<p>Project Prometheus is stepping into a crowded field dominated by giants like OpenAI, Google DeepMind, xAI, and Anthropic, all of which have a head start in developing AI models and hiring deep talent benches. <\/p>\n<p>It also faces pressure from other well-founded startups targeting physical AI, such as Periodic Labs, founded by William Fedus, a prominent AI researcher best known for his work at OpenAI, where he served as VP of research and helped lead the post-training efforts behind ChatGPT.<\/p>\n<p>Of course, what Project Prometheus does have is Bezos and his $224 billion bank account. <\/p>\n","protected":false},"excerpt":{"rendered":"Project Prometheus, the secretive AI startup cofounded by Jeff Bezos, is raising around $10 billion in fresh funding&hellip;\n","protected":false},"author":2,"featured_media":409413,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[220,9712,218,219,739,88880,8060,12123,61,60,3916,179898,179899,1682,72804,82788,2965,179897,29239,80,1515],"class_list":{"0":"post-409412","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-alphabet","10":"tag-artificial-intelligence","11":"tag-artificialintelligence","12":"tag-company","13":"tag-detail","14":"tag-google-deepmind","15":"tag-google-x","16":"tag-ie","17":"tag-ireland","18":"tag-jeff-bezos","19":"tag-mega-round","20":"tag-moonshot-lab","21":"tag-openai","22":"tag-physical-ai","23":"tag-project-prometheus","24":"tag-school","25":"tag-secretive-ai-startup","26":"tag-stanford-university","27":"tag-technology","28":"tag-xai"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/409412","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=409412"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/409412\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/409413"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=409412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=409412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=409412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}