Bezos' Project Prometheus AI Lab Nears $38B Valuation on $10B Funding Round

Jeff Bezos’ AI startup Project Prometheus is closing in on a $10 billion funding round that values it at nearly $38 billion, per Financial Times reports, with backers including JPMorgan and BlackRock. The deal highlights surging investor demand for AI in engineering and manufacturing sectors like computers, autos, and spacecraft. Initial reports noted the lab's $38bn valuation push, now detailed with specific fundraising and investor names, potentially fueling AI sentiment and acting as a tailwind for Amazon.com Inc shares amid Bezos' tech influence and big tech's AI focus. This could spur more AI deals and lift related equities.