Bezos-Backed AI Startup Project Prometheus Seeks $10 Billion Round at $38 Billion Valuation

Project Prometheus focuses on applying artificial intelligence to engineering and manufacturing for computers, automobiles, and spacecraft. The startup was co‑founded by Sherjil Ozair and William Guss and has attracted early backing from Bezos. Investor interest in AI remains strong as technology spending reshapes global industries.

- The funding round targets $10 billion, implying a $38 billion post‑money valuation. - JPMorgan and BlackRock are said to be participating in the round. - Jeff Bezos, an initial backer, is leading the fundraising alongside co‑CEO Vikram Bajaj. - The company has not yet finalized the deal, according to reports.

A successful $10 billion raise would place Project Prometheus among the most highly valued private AI firms, signaling continued confidence in AI‑driven industrial applications. The involvement of major financial institutions suggests the round could set a benchmark for future AI fundraising. Observers will watch whether the round closes, how the capital is allocated to product development, and any impact on hiring and partnerships in the aerospace and automotive sectors.