Jeff Bezos's "Project Prometheus" is raising $10B at a $38B valuation to build "Physical AI".

Jeff Bezos’s five-month-old startup, Project Prometheus, is nearing a historic $10B funding round backed by Wall Street giants like JPMorgan and BlackRock. The Tech: They are building "Physical AI" that natively understands the laws of physics to revolutionize physical products like aerospace, automotive, and robotics. It is Bezos's first operational role since leaving Amazon in 2021 with co-CEO Vik Bajaj, a physicist and former Google X scientist who co-founded the Alphabet health startup Verily.