Jeff Bezos’ new AI startup, Prometheus, is quickly becoming one of the biggest names in the artificial intelligence industry. The company, co-founded by Bezos and scientist-entrepreneur Vik Bajaj, has raised $12 billion in Series B funding at a $41 billion valuation. This new round brings Prometheus’ total funding to more than $18 billion in less than a year, making it one of the most heavily funded AI startups in the world. Investors in the round include JPMorgan Chase, Gold

CoLab’s multimillion-dollar artificial intelligence partnership with Bombardier Inc. represents a major advancement in the application of AI within aerospace engineering and manufacturing, demonstrating how the technology is increasingly being embedded into real industrial operations rather than remaining in experimental stages. Announced in April 2026, the agreement focuses on deploying CoLab’s engineering-focused AI systems across Bombardier’s business jet design and produc

Jeff Bezos is stepping back into a hands-on leadership role for the first time since leaving Amazon in 2021, taking on the position of co-CEO at a new artificial intelligence startup called Project Prometheus. The venture, which has already secured an extraordinary $6.2 billion in funding, is shaping up to be one of the most heavily financed early-stage startups ever launched ( Investing.com ; Forbes; TechBuzz). Bezos is contributing part of the investment himself, signaling

Energy technology giant SLB has taken a major step forward in its digital transformation strategy with the launch of its new artificial intelligence tool, Tela. Designed to automate processes and streamline workflows, Tela represents SLB’s continued effort to integrate advanced AI into energy operations to unlock growth and improve efficiency across the sector (Somasekhar; Channel News Asia; Reuters). The tool, unveiled on Monday, is set to be embedded within SLB’s portfolio