Bezos AI Laboratory seeks funding for its holding company, planning to invest in technology-influenced enterprises

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Investing.com – According to The Financial Times on Friday, Jeff Bezos’s artificial intelligence laboratory is in discussions for new funding for a holding company aimed at investing in businesses affected by its technology.

The proposed holding company is expected to operate as a tool for manufacturing transformation, with hundreds of billions of dollars available to acquire companies.

The report states that Bezos’s Project Prometheus is in early discussions with several large sovereign wealth funds about investing in the holding company. The Abu Dhabi Investment Authority is one of the potential investors being considered.

It also reports that Bezos has held talks with JPMorgan Chase CEO Jamie Dimon about investing through the bank’s $10 billion Safety and Resilience Fund.

Additionally, two sources familiar with the matter told The Financial Times that Prometheus raised $6.2 billion in funding at the end of last year. Without new investments, the company’s valuation is approximately $30 billion.

Bezos serves as co-CEO of Prometheus and is involved in the company’s daily operations. The company is also led by Vikram Bajaj, a former Google executive, and a team of founders.

This article was translated with the assistance of artificial intelligence. For more information, see our Terms of Use.

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