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BEZOS' PROJECT PROMETHEUS EYES $10B FUNDRAISE

Jeff Bezos is nearing a $10 billion fundraising deal for Project Prometheus, with an initial $6.2 billion raise planned for November at a $38 billion post-money valuation, according to sources cited by the Financial Times.

15 SOURCESFIRST SEEN APR 21, 01:25 AM► READ THE ARTICLE

Techmeme+0m

Sources: Jeff Bezos' Project Prometheus is close to a $10B fundraising deal, which includes an initial $6.2B raise in November, at a $38B post-money valuation (Financial Times)

Financial Times: Sources: Jeff Bezos' Project Prometheus is close to a $10B fundraising deal, which includes an initial…

Bloomberg Tech+5m

Jeff Bezos Nears $10 Billion Funding for AI Lab, FT Says

Jeff Bezos is close to finalizing a $10 billion funding round for his AI startup that’s developing models with the capab…

The Decoder+8h 29m

Jeff Bezos nears $10 billion funding round for AI lab "Project Prometheus"

Jeff Bezos is about to close a $10 billion funding round for his AI lab codenamed "Project Prometheus," the Financial Ti…

Techmeme+10h 6m

Sources: Revolut is aiming for a valuation of $150B to $200B in an IPO; founder Nik Storonsky said this week that Revolut would IPO in 2028 at the earliest (Financial Times)

Financial Times: Sources: Revolut is aiming for a valuation of $150B to $200B in an IPO; founder Nik Storonsky said this…

Techmeme+11h 55m

Trump says his administration had "some very good talks" with Anthropic during a WH meeting last week and "it's possible" there will be a deal with DOD (Ashley Capoot/CNBC)

Ashley Capoot / CNBC: Trump says his administration had “some very good talks” with Anthropic during a WH meeting last w…

Techmeme+12h 45m

Draft of SpaceX's confidential IPO prospectus: Elon Musk increased his stake in SpaceX last year by purchasing $1.4B of stock from current and former employees (The Information)

The Information: Draft of SpaceX's confidential IPO prospectus: Elon Musk increased his stake in SpaceX last year by pur…

Techmeme+14h 5m

Anthropic started requiring government-issued photo IDs and selfies from some users to prevent access from US adversaries like China, Russia, and North Korea (Juro Osawa/The Information)

Juro Osawa / The Information: Anthropic started requiring government-issued photo IDs and selfies from some users to pre…

Techmeme+17h 45m

Draft IPO prospectus: SpaceX debt grew from $14B in 2024 to $23B in 2025, tied to a $4.5B lease deal with Valor Equity for AI equipment such as chips for xAI (The Information)

The Information: Draft IPO prospectus: SpaceX debt grew from $14B in 2024 to $23B in 2025, tied to a $4.5B lease deal wi…

Techmeme+20h 58m

Sources: SpaceX has agreed to buy Cursor for $50B+; SpaceX says it is working with Cursor to "create the world's best coding and knowledge work AI" (New York Times)

New York Times: Sources: SpaceX has agreed to buy Cursor for $50B+; SpaceX says it is working with Cursor to “create the…

Techmeme+22h 36m

Top law firm Sullivan & Cromwell told a US federal bankruptcy court that a major filing it made in a high-profile case contained multiple AI hallucinations (Financial Times)

Financial Times: Top law firm Sullivan & Cromwell told a US federal bankruptcy court that a major filing it made in a hi…

Techmeme+1d

Filing: SpaceX tells investors that orbital AI data centers use "unproven technologies" and may not achieve "commercial viability" due to space-related risks (Echo Wang/Reuters)

Echo Wang / Reuters: Filing: SpaceX tells investors that orbital AI data centers use “unproven technologies” and may not…

Techmeme+1d 3h

Sources: OpenAI has pledged up to $1.5B to a new joint venture with PE firms to help deploy AI across their portfolio companies, starting with $500M in equity (Financial Times)

Financial Times: Sources: OpenAI has pledged up to $1.5B to a new joint venture with PE firms to help deploy AI across t…

Techmeme+1d 5h

TikTok's plan to build a ~$38B data center campus in Brazil, its first in Latin America, is facing local pushback over sustainability in a semi-arid area (Financial Times)

Financial Times: TikTok's plan to build a ~$38B data center campus in Brazil, its first in Latin America, is facing loca…

Techmeme+1d 9h

Sources detail how Elon Musk has de-emphasized SpaceX's original aim of reaching Mars as it prepares to go public, focusing instead on AI and other moonshots (Ryan Mac/New York Times)

Ryan Mac / New York Times: Sources detail how Elon Musk has de-emphasized SpaceX's original aim of reaching Mars as it p…

Techmeme+1d 17h

Sources: SpaceX isn't acquiring Cursor immediately because the deal could delay its IPO; Cursor is no longer proceeding with its reported $2B funding round (Bloomberg)

Bloomberg: Sources: SpaceX isn't acquiring Cursor immediately because the deal could delay its IPO; Cursor is no longer…

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