Jeff Bezos enters the AI space with startup raising $6.2 billion

Project Prometheus will work on AI engineering for computers, cars and spacecraft.
Jeff Bezos funds his own AI startup to the tune of billions of dollars. (Picture: Daniel Oberhaus, 2019, CC BY 2.0)
The founder of Amazon and world’s third richest man is returning to managing a new company: Project Prometheus, where he will be co-CEO, writes The New York Times.

Although he hasn’t actually managed anything since 2021, he has invested heavily into the new startup, making it one of the best funded startups in the space, and netting it more cash than many raise over their lifetimes.

The company will focus on AI engineering for computer manufacturing, cars and spacecraft, the NYT says.

Joining Bezos in running the startup will be Vik Bajaj, a physicist and chemist also known for his work with Sergey Brin at Google’s X, their unit for experiments, and for running the health-tech company Verily, founded out of the unit.

The new company reportedly already has 100 employees, with many coming from established AI labs at Meta, DeepMind and OpenAI, the paper writes.

Read more: New York Times, Reuters, The Verge, Ars Technica