TLDR
- Jeff Bezos will serve as co-CEO of Project Prometheus, a new AI startup focused on engineering and manufacturing for computers, automobiles, and spacecraft
- The company has raised $6.2 billion in funding, making it one of the most well-financed early-stage startups globally
- This marks Bezos’s first formal operational role since stepping down as Amazon CEO in July 2021
- Bezos’s co-CEO is Vik Bajaj, a physicist and chemist who previously worked at Google’s X research facility
- Project Prometheus has already hired nearly 100 employees from top AI firms including OpenAI, DeepMind, and Meta
Jeff Bezos is taking on his first CEO role since leaving Amazon. The billionaire founder will co-lead a new artificial intelligence startup called Project Prometheus, according to a New York Times report published Monday.
The company has secured $6.2 billion in funding. Part of this investment came from Bezos himself. This funding level makes Project Prometheus one of the most well-financed early-stage startups in the world.
Bezos stepped down as Amazon CEO in July 2021. While he has remained involved with his space company Blue Origin as founder, he held no formal operational role at any company until now. His return to a CEO position marks a return to day-to-day business operations.
Project Prometheus will focus on developing AI technology for engineering and manufacturing. The company plans to work across multiple industries including computers, automobiles, and spacecraft. Details about the company’s specific technology and headquarters location have not been disclosed.
Leadership Team and Talent
Bezos will share the CEO role with Vik Bajaj. Bajaj is a physicist and chemist who previously worked at Google’s X research facility. X is often called “The Moonshot Factory” and focuses on experimental technology projects. Bajaj worked closely with Google co-founder Sergey Brin during his time there.
The startup has already built a team of nearly 100 employees. These workers include researchers recruited from major AI companies. Staff members have come from OpenAI, DeepMind, and Meta.
Market Entry
The company enters a competitive AI market. Multiple smaller firms are developing new AI software and products. These startups compete against established players backed by major technology companies.
Microsoft supports OpenAI through a partnership. Meta and Google also operate their own AI research and development programs. These companies have invested billions of dollars in AI technology development.
Reuters could not independently verify all details of the report. Representatives for Bezos did not immediately respond to requests for comment.
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