{"id":389802,"date":"2026-04-21T03:31:11","date_gmt":"2026-04-21T03:31:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/389802\/"},"modified":"2026-04-21T03:31:11","modified_gmt":"2026-04-21T03:31:11","slug":"jeff-bezos-ai-lab-nears-38-billion-valuation-in-funding-deal-ft-reports","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/389802\/","title":{"rendered":"Jeff Bezos&#8217; AI lab nears $38 billion valuation in funding deal, FT reports"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">April 20 (Reuters) &#8211; <a href=\"https:\/\/finance.yahoo.com\/topic\/jeff-bezos\/\" data-ylk=\"slk:Jeff Bezos;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Jeff Bezos&quot;}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">Jeff Bezos<\/a>&#8216; artificial intelligence lab is close to raising $10 \u200cbillion in a new funding round, \u200cvaluing the new startup called Project Prometheus at $38 billion, \u200bthe Financial Times reported on Monday, citing sources.<\/p>\n<p class=\"yf-1fy9kyt\">The fundraising comes amid strong investor enthusiasm for AI companies as heavy technology spending \u200creshapes businesses \u2060across sectors.<\/p>\n<p class=\"yf-1fy9kyt\">\u2022 JPMorgan and BlackRock are among the investors in the \u2060new round, the newspaper said, adding that the fundraising was expected to close soon \u200bbut had \u200bnot been finalized.<\/p>\n<p class=\"yf-1fy9kyt\">\u2022 \u200bThe startup is \u200cfocused on AI for engineering and manufacturing computers, automobiles and spacecraft, according to media reports.<\/p>\n<p class=\"yf-1fy9kyt\">\u2022 Amazon.com founder Bezos is among the initial investors in the venture and has \u200cbeen leading fundraising effort \u200balongside co-chief executive Vikram \u200bBajaj, the \u200breport said.<\/p>\n<p class=\"yf-1fy9kyt\">\u2022 BlackRock declined to \u200ccomment. JPMorgan and the project&#8217;s \u200bco-founders, Sherjil \u200bOzair and William Guss, did not immediately respond to Reuters&#8217; requests for \u200bcomment. Bezos \u200ccould not be reached for comment.<\/p>\n<p class=\"yf-1fy9kyt\">(Reporting \u200bby Carlos M\u00e9ndez in Mexico City; \u200bEditing by Subhranshu Sahu)<\/p>\n","protected":false},"excerpt":{"rendered":"April 20 (Reuters) &#8211; Jeff Bezos&#8216; artificial intelligence lab is close to raising $10 \u200cbillion in a new&hellip;\n","protected":false},"author":2,"featured_media":389803,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,363,164889,364,3503,4842,201676,3207,17534,111,139,69,94902,145],"class_list":{"0":"post-389802","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificial-intelligence-lab","11":"tag-artificialintelligence","12":"tag-blackrock","13":"tag-funding-round","14":"tag-investor-enthusiasm","15":"tag-jeff-bezos","16":"tag-jpmorgan","17":"tag-new-zealand","18":"tag-newzealand","19":"tag-nz","20":"tag-project-prometheus","21":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/389802","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=389802"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/389802\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/389803"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=389802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=389802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=389802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}