{"id":389885,"date":"2026-04-21T04:43:09","date_gmt":"2026-04-21T04:43:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/389885\/"},"modified":"2026-04-21T04:43:09","modified_gmt":"2026-04-21T04:43:09","slug":"jeff-bezos-secretive-ai-startup-is-set-to-be-valued-at-around-38-billion","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/389885\/","title":{"rendered":"Jeff Bezos’ Secretive AI Startup Is Set to Be Valued at Around $38 Billion"},"content":{"rendered":"

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

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The round is still in progress, and details could change. If completed, it would be the company’s first funding since the $6.2 billion it raised at launch last year.<\/p>\n

A spokeswoman for the startup declined to comment.<\/p>\n

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

The other cofounder is co-CEO Vik Bajaj, who previously held senior roles at Google X, Alphabet’s moonshot lab, and is an adjunct professor at Stanford University’s School of Medicine.<\/p>\n

The Financial Times earlier reported details of the fundraise.<\/p>\n

Project Prometheus has been snapping up office space in San Francisco.<\/a> 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

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, the New York Times reported last month.<\/a><\/p>\n

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

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

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…\n","protected":false},"author":2,"featured_media":389886,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,1796,363,364,1656,44264,11751,16311,3207,201704,201705,111,139,69,620,52782,94902,4062,201703,35760,145,5537],"class_list":{"0":"post-389885","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-jeff-bezos","17":"tag-mega-round","18":"tag-moonshot-lab","19":"tag-new-zealand","20":"tag-newzealand","21":"tag-nz","22":"tag-openai","23":"tag-physical-ai","24":"tag-project-prometheus","25":"tag-school","26":"tag-secretive-ai-startup","27":"tag-stanford-university","28":"tag-technology","29":"tag-xai"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/389885","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=389885"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/389885\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/389886"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=389885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=389885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=389885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}