Jeff Bezos-backed AI startup Prometheus hits $41 billion valuation after $12 billion funding round; details here
New Delhi, June 12 -- Prometheus, an artificial intelligence (AI) startup led by Amazon.com Inc founder Jeff Bezos, has secured a massive funding round, valuing the company at $41 billion. The mega venture firmly establishes the billionaire as a dominant force in the global AI race.
The company raised $12 billion from a heavyweight syndicate of investors, including JPMorgan Chase & Co, Goldman Sachs Group Inc, BlackRock Inc, and Bezos himself, a company spokesperson confirmed. Led by Bezos and Google veteran Vik Bajaj, the 150-employee startup develops advanced AI models to engineer and manufacture physical products for the computing and aerospace sectors. Most of the startup's staff are based in San Francisco, with some working in Londo...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.