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Jeff Bezos' AI lab nears $38 billion valuation in funding deal, FT reports

  • Apr 22
  • 1 min read


REUTERS —  Jeff Bezos' artificial intelligence lab is close to ​raising $10 billion in a new funding ‌round, valuing the new startup called Project Prometheus at $38 billion, the Financial Times reported on ​Monday, citing sources.


The fundraising comes ​amid strong investor enthusiasm for AI ⁠companies as heavy technology spending reshapes ​businesses across sectors.


Read the full story  |  REUTERS





 
 
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