American billionaire Jeff Bezos, founder of Amazon and the aerospace company Blue Origin, is currently seeking funding for the development of Project Prometheus, a startup whose goal is to use artificial intelligence in various areas of production to improve the efficiency of relevant industries.
Edition The Wall Street Journal This week, it was reported that Bezos embarked on a tour of the Middle East several months ago and recently visited Singapore to raise funds from local foundations for the startup Project Prometheus. The specially created fund will be used to acquire established companies engaged in the production of semiconductor components, weapons, and aerospace products. Their internal processes will then be optimized through the active implementation of AI to increase production productivity. The fund plans to raise a total of $100 billion.
Jeff Bezos recently became One of two current CEOs of Project Prometheus, a startup that develops AI models based on the "digital twin" principle for manufacturing companies. The fund's proceeds will be used to acquire such companies, and the startup will share its core technologies with them to optimize operations with deep AI integration. Blue Origin CEO Davis Limp recently joined the startup's board. The former company, founded by Bezos in 2000, is currently competing with Elon Musk's SpaceX for NASA contracts involving missions to the Moon and Mars.
Project Prometheus is currently seeking to raise $6 billion for its own needs. The field of "physical AI," which involves using these technologies to automate manufacturing, create robots, and autopilot systems, is currently considered promising for investment, as competition in the field of generative AI is already quite intense. Amazon itself is also placing a significant bet on robots, planning to eventually equalize their number with its headcount. Bezos left Amazon, which he founded, in July 2021, although he remains chairman of the company's board. Last year, he took over the leadership of the startup Project Prometheus. This company plans to offer clients software for simulating the testing of physical systems and devices. For example, it could be used to test the structural integrity of a digital twin of an airplane. In addition to Bezos, Project Prometheus also includes former employees of OpenAI and Google. Last year, the startup raised $6,2 billion for its development. Institutional investors such as JPMorgan Chase are interested in investing in Project Prometheus.
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Source: 3dnews.ru
