Jeff Bezos is backing a two-year-old Cambridge AI lab at a $2.6bn valuation
Jeff Bezos appears to have settled on his AI thesis, and it is not chatbots. It is the physical world. CuspAI, a two-year-old Cambridge startup that uses AI to design new materials, is in talks to raise about $400mn at a $2.6bn valuation, the Financial Times reports. The round is led by Bezos Expeditions, the […]<br /> This story continues at The Next Web [...]
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Cambridge Audio unveils three wireless bookshelf speakers at CES
Cambridge Audio has three new active speakers at CES 2026. The L/R Series is a trio of active bookshelf-style speakers, each with wired and wireless modes.The flagship L/R X is an 800W model (400W per [...]
Jeff Bezos' AI startup Prometheus closes $12 billion round at a $41 billion valuation
Jeff Bezos' AI startup Prometheus has closed a $12 billion funding round at a $41 billion valuation. The company launched just last November with $6.2 billion in seed funding. No products yet, be [...]
Jeff Bezos launches Project Prometheus, a $6.2 billion AI bet on faster engineering
Jeff Bezos is taking on his first operational role since leaving Amazon in 2021. According to the New York Times, he is stepping in as co-CEO of Project Prometheus, a new AI startup backed by 6.2 bill [...]
Jeff Bezos will head a new engineering-focused AI startup called Project Prometheus
Jeff Bezos is spearheading a new AI started called Project Prometheus, focused on his current interests in space and engineering, The New York Times reports. The company, which has yet to be made pub [...]
Bezos’s Prometheus raises $12 billion at $41 billion valuation to build AI that engineers physical products
Prometheus, the AI startup co-led by Jeff Bezos, has raised $12 billion in a funding round that values the company at $41 billion. Investors include JPMorgan Chase, Goldman Sachs, BlackRock, DST Globa [...]
After 25 years of self-funding, Bezos opens Blue Origin at a $130bn valuation
Jeff Bezos is opening Blue Origin to outside money at last, in a round that values the rocket firm at $130 billion, CNBC reports. It follows Elon Musk’s record SpaceX IPO and pits the two space fort [...]