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Jeff Bezos Returns to Lead $6.2 Billion AI Venture, Project Prometheus

Key Takeaways

  • Jeff Bezos, founder of Amazon, launches Project Prometheus, an AI company he will co-lead after leaving Amazon;
  • The start-up has raised $6.2 billion, which makes it one of the best-funded early tech ventures globally;
  • Project Prometheus aims to develop AI tools for engineering, manufacturing, and space-related work.

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Jeff Bezos Returns to Lead $6.2 Billion AI Venture, Project Prometheus

Jeff Bezos, founder of Amazon, is starting a new company focused on artificial intelligence (AI), according to The New York Times.

The project, called Project Prometheus, will be co-led by Bezos, his first hands-on management role since leaving Amazon in 2021.

The new venture has already raised about $6.2 billion, according to three people familiar with its plans. A large part of that funding comes from Bezos himself, which puts Project Prometheus among the best-financed new tech companies.

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Although Bezos has remained active through his space company, Blue Origin, he has not had an official executive title there. His new role at Project Prometheus shows a return to day-to-day leadership.

Since leaving Amazon, Bezos’s personal life has often made headlines, from his high-profile wedding in Venice to his growing involvement in space travel. At the same time, he has become interested in AI.

Project Prometheus fits within that vision. The company is said to be developing AI tools to support engineering and manufacturing across several areas, including aerospace, computers, and cars. These efforts also connect with Bezos’s long-term goal of expanding human activity into space.

The company has kept most details private. It is unclear when it was founded or where it will be based.

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Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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