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Bezos’ AI LAB, under Bezos, is valued at nearly $38 billion in financing transactions.
Odaily Planet Daily reports that Jeff Bezos is about to complete a $10 billion funding deal, valuing his laboratory at $38 billion. The laboratory focuses on developing artificial intelligence technologies capable of understanding the physical world and transforming engineering and manufacturing industries.
According to sources familiar with the matter, this company, codenamed “Project Prometheus,” plans to complete a funding round soon, with a valuation reaching $38 billion, including new injected capital. The sources added that the deal will make the company one of the most well-funded early-stage startups globally, including the $6.2 billion initial funding raised in November, but the scale of funding has further expanded due to strong market demand. One insider revealed that JPMorgan Chase and BlackRock are among the participants in this new round of investment. (Financial Times)