AI TRENDS | Bezos Co-Founded AI Startup Prometheus Raises $12 Billion in Series B

Prometheus, an AI startup co-founded by Jeff Bezos, has completed a $12 billion Series B funding round at an estimated valuation of about $41 billion, with investors including JPMorgan, BlackRock, Goldman Sachs, DST Global, and Arch Venture Partners. According to PANews, the information was reported by GeekWire. Prometheus has dropped the word “Project” from its original name and is working on what Bezos described as a “general artificial intelligence engineer,” using AI tools to speed up physical product development from design through manufacturing. Prometheus co-CEO Vik Bajaj said the company has been able in recent years to turn complex design-to-manufacturing challenges into end-to-end AI problems. Bezos also said the company may acquire some manufacturing businesses that could benefit from its technology and help improve their production processes.