Project Prometheus Secures $10B Funding, Valued $38B

Project Prometheus, AI lab co-led by Jeff Bezos and Vik Bajaj, closed a $10 billion funding round valuing it at about $38 billion.
JPMorgan Chase & Co. and BlackRock are among investors; DST Global and ARCH Venture Partners are the only Silicon Valley‑type backers.
The lab targets non‑Silicon Valley investors, focusing on private equity and sovereign wealth funds in regions like the Middle East and Singapore.
Bezos returns as co‑CEO, holding multiple daily meetings with Bajaj, marking his first formal executive role since leaving Amazon in 2021.