Project Prometheus Raises $6.2 Billion Valuation Of $30 Billion To Acquire AI-Driven Industrial Businesses

Project Prometheus, the AI lab led by Jeff Bezos and former Google executive Vikram Bajaj, recently raised $6.2 billion at a valuation of about $30 billion and is now exploring raising tens of billions more to fund a new manufacturing transformation vehicle aimed at acquiring industrial businesses reshaped by AI. The company, which is in early talks with investors such as the Abu Dhabi Investment Authority and has discussed potential support with JPMorgan, focuses on optimizing complex physical manufacturing systems rather than building chatbots. According to the Financial Times, Bezos serves as co-CEO and the lab is building out a team of over 100 employees to target industries like jet engines and semiconductors. FOUNDERS: Jeff Bezos & Vikram Bajaj HQ: San Francisco, California #VentureCapital #ProjectPrometheus #JeffBezos #VikramBajaj #TradedVC