Jeff Bezos' New AI Venture Prometheus Secures $12B Funding
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 11 2026
0mins
Jeff Bezos' newest AI venture, Prometheus, has secured a massive $12B funding round. Prometheus launched in November with $6.2B in initial backing and is now valued at roughly $41B. Bezos, who stepped down as Amazon's (AMZN) CEO in 2021, serves as co-CEO alongside Vik Bajaj, a Stanford School of Medicine professor and co-founder of Alphabet's (GOOGL) life-sciences unit Verily. In an interview with CNBC discussing the new venture, Bezos pushed back on fears that AI will eliminate jobs, arguing instead that the technology will create a "labor shortage in the economy." Prometheus aims to build what it calls an "artificial general engineer," an AI system capable of designing and manufacturing highly complex products, from industrial components to something as intricate as a jet engine. The latest funding round includes investments from JPMorgan Chase (JPM), Goldman Sachs (GS) and BlackRock (BLK).
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Analyst Views on AMZN
Wall Street analysts forecast AMZN stock price to rise
44 Analyst Rating
41 Buy
3 Hold
0 Sell
Strong Buy
Current: 237.500
Low
175.00
Averages
280.01
High
325.00
Current: 237.500
Low
175.00
Averages
280.01
High
325.00
About AMZN
Amazon.com, Inc. provides a range of products and services to customers. The products offered through its stores include merchandise and content it has purchased for resale and products offered by third-party sellers. The Company’s segments include North America, International and Amazon Web Services (AWS). It serves consumers through its online and physical stores and focuses on selection, price, and convenience. Customers access its offerings through its websites, mobile apps, Alexa, devices, streaming, and physically visiting its stores. It also manufactures and sells electronic devices, including Kindle, Fire tablet, Fire TV, Echo, Ring, Blink, and eero, and develops and produces media content. It serves developers and enterprises of all sizes, including start-ups, government agencies, and academic institutions, through AWS, which offers a set of on-demand technology services, including compute, storage, database, analytics, and machine learning, and other services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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