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Jeff Bezos' AI Lab Nears $38 Billion Valuation in Funding Deal, FT ...

The startup is targeting its first funding since a $6.2 billion launch raise last year as it expands physical AI for industrial uses.

  • On Monday, Amazon founder Jeff Bezos' artificial intelligence startup, Project Prometheus, reportedly neared a $10 billion funding round, boosting its valuation to $38 billion.
  • Launched in November 2025 with $6.2 billion, Prometheus focuses on "Physical AI," systems that understand the laws of physics to improve industrial processes like manufacturing and aerospace.
  • Major financial institutions JPMorgan and BlackRock are among the investors in this round, with the fundraising expected to close soon but not yet finalized.
  • Led by CEO Vikram Bajaj, the startup has grown to over 120 employees, attracting top talent from OpenAI, Meta, and Google DeepMind.
  • Prometheus remains in its early phase without publicly demonstrated commercial deployments, even as Bezos explores raising up to $100 billion for a separate investment fund.
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Jeff Bezos' AI lab nears $38 billion valuation in funding deal, FT ...

·United Kingdom
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Channel News Asia broke the news in Singapore on Tuesday, April 21, 2026.
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