Gate News message, April 21 — Jeff Bezos’ AI startup Project Prometheus is approaching a funding round of approximately $10 billion at a valuation of $38 billion, with JPMorgan and BlackRock among the lead investors. The round remains subject to final confirmation.
Project Prometheus develops artificial intelligence for engineering, manufacturing, automotive, and aerospace applications. Bezos serves as an initial backer and has co-led fundraising efforts alongside co-chief executive Vikram Bajaj, capitalizing on strong investor appetite for AI-focused ventures.
The capital will support two strategic initiatives: developing proprietary AI models in-house and establishing a separate $100 billion fund dedicated to acquiring and upgrading industrial companies across manufacturing, aerospace, and chipmaking sectors. The company plans to deploy its AI technology within acquired or funded businesses, while securing stakes across these industries to obtain training data for its models. Project Prometheus has already begun executing this strategy with the acquisition of General Agents, an AI automation startup.
The company has recruited talent from Elon Musk’s xAI and Google DeepMind, positioning itself to advance AI applications beyond consumer software into the physical economy, including factory operations, power systems, and supply chains.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
OpenAI Prepares Agents Feature for ChatGPT, Codenamed Hermes
Gate News message, April 21 — OpenAI is preparing a new Agents feature for ChatGPT, codenamed "Hermes," according to Tibor Blaho, who monitors AI product updates. The feature includes a new agent builder called "studio" that allows users to create agents from templates, schedule runs, and
GateNews19m ago
SpaceX Kicks Off IPO Roadshow with Analyst Meetings at Starbase and Memphis
Gate News message, April 21 — SpaceX has begun its pre-IPO roadshow this week, hosting private meetings for top Wall Street analysts from the aerospace and tech sectors in Texas and Tennessee as it works toward a late-June stock market debut. The company is targeting a $75 billion raise, with
GateNews26m ago
OpenAI Launches Codex Labs
Gate News message, April 21 — OpenAI has launched Codex Labs, a new experimental platform.
GateNews30m ago
DDC Enterprise Launches Bitcoin Treasury AI Operating System with Treasury Graph Framework
Gate News message, April 21 — DDC Enterprise, a U.S. publicly listed company, announced the launch of "DDC Treasury Intelligence Platform," an AI operating system designed for enterprise bitcoin reserve management. Developed in collaboration with Appnovation, the platform leverages large language
GateNews43m ago
Trump Says White House Meeting with Anthropic Went Well, Potential Deal Possible
Gate News message, April 21 — U.S. President Donald Trump said he held a productive meeting with Anthropic at the White House, describing the company's team as highly intelligent and expressing confidence in their working relationship.
Trump indicated that a potential deal with Anthropic may be
GateNews47m ago
Gate to Host Institutional Circle Event in Hong Kong Focused on AI and Crypto Liquidity
Gate will host the Institutional Circle in Hong Kong to discuss AI-driven changes in crypto liquidity and market structure, with Addis Hu opening and speakers Ethan Hui and Chen Zhao, plus network sessions and a gala.
Gate announces the Institutional Circle: AI Reshaping Crypto Liquidity & Market Access in Hong Kong, gathering Asia-Pacific institutional participants to discuss how AI is reshaping crypto liquidity and market structure. Opening remarks by Addis Hu; featured speakers Ethan Hui and Chen Zhao; event includes networking, practical industry discussions, and a gala dinner.
GateNews1h ago
