AI TRENDS | Jeff Bezos Nears $10 Billion Funding Deal for AI Lab Valued at $38 Billion

Jeff Bezos is on the verge of completing a $10 billion funding deal for his AI-focused laboratory, which is valued at $38 billion. According to Odaily, the lab is dedicated to developing artificial intelligence technologies that can comprehend the physical world and transform engineering and manufacturing sectors. Insiders reveal that the company, known as 'Project Prometheus,' plans to finalize a funding round soon, raising its valuation to $38 billion with the new capital. The agreement is set to position the company as one of the world's most well-funded early-stage startups, including an initial $6.2 billion raised in November. Due to high market demand, the funding scale has been further expanded. A source indicates that JPMorgan Chase and BlackRock are among the participants in this new investment round.