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Jeff Bezos’ AI lab Project Prometheus is close to securing about $10 billion in new financing that would value the company at roughly $38 billion, multiple media reports said on April 20-21, 2026.
Launched in November 2025 with roughly $6.2 billion in initial backing, Prometheus is led by co-CEOs Bezos and Vikram (Vik) Bajaj and focuses on “physical AI” — systems trained to understand and interact with the real, engineered world.
Reported target applications include advanced manufacturing, aerospace, automotive, robotics, semiconductor production and drug discovery.
Institutional investors including JPMorgan and BlackRock have been named among participants, though the round had not been finalised at the time of reporting and the companies declined to comment.
Prometheus has hired researchers from leading AI labs and expanded offices beyond San Francisco to Europe, positioning itself against established AI players while pursuing proprietary operational data and specialised real‑world training pipelines.








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