positive
Jeff Bezos Returns as Co-CEO of $6.2 Billion AI Startup in Major Comeback
Jeff Bezos is taking an operational role as co-CEO of Project Prometheus, a new artificial-intelligence firm backed by $6.2 billion in early-stage funding. The startup focuses on “AI for the physical economy” including engineering, manufacturing, aerospace, and automotive systems and has already hired about 100 researchers from labs such as OpenAI and DeepMind. Bezos’s new role marks his first major executive comeback since stepping down as Amazon’s CEO in 2021, signalling a high-stakes move into frontier AI.
Companies:
- Project Prometheus
- Amazon
Tags:
- AI
- startup
Reuters• By Pooja Kumari
Explore:High Return Equity Mutual Fund
positive
Jeff Bezos Returns as Co-CEO of $6.2 Billion AI Startup in Major Comeback
Jeff Bezos is taking an operational role as co-CEO of Project Prometheus, a new artificial-intelligence firm backed by $6.2 billion in early-stage funding. The startup focuses on “AI for the physical economy” including engineering, manufacturing, aerospace, and automotive systems and has already hired about 100 researchers from labs such as OpenAI and DeepMind. Bezos’s new role marks his first major executive comeback since stepping down as Amazon’s CEO in 2021, signalling a high-stakes move into frontier AI.
Companies:
- Project Prometheus
- Amazon
Tags:
- AI
- startup
Reuters• By Pooja Kumari
Explore:High Return Equity Mutual Fund
1 min read
77 words
Jeff Bezos becomes co-CEO of Project Prometheus, a $6.2 billion AI startup focused on manufacturing, engineering, and industrial AI applications.
Jeff Bezos is taking an operational role as co-CEO of Project Prometheus, a new artificial-intelligence firm backed by $6.2 billion in early-stage funding. The startup focuses on “AI for the physical economy” including engineering, manufacturing, aerospace, and automotive systems and has already hired about 100 researchers from labs such as OpenAI and DeepMind. Bezos’s new role marks his first major executive comeback since stepping down as Amazon’s CEO in 2021, signalling a high-stakes move into frontier AI.
Jeff Bezos is taking an operational role as co-CEO of Project Prometheus, a new artificial-intelligence firm backed by $6.2 billion in early-stage funding. The startup focuses on “AI for the physical economy” including engineering, manufacturing, aerospace, and automotive systems and has already hired about 100 researchers from labs such as OpenAI and DeepMind. Bezos’s new role marks his first major executive comeback since stepping down as Amazon’s CEO in 2021, signalling a high-stakes move into frontier AI.
Companies:
- Project Prometheus
- Amazon
Tags:
- AI
- startup
- AI
- startup
- Jeff Bezos
- funding