Jeff Bezos’ AI lab is raising tens of billions of dollars to acquire companies hit by the technology, seeking to capitalise on the disruption that the Amazon founder anticipates will reshape the industrial sector.
Project Prometheus, a code name for a new company led by the tech billionaire and former Google executive Vikram Bajaj, raised $6.2bn late last year.
The funding valued the business at about $30bn, not including the new investment, according to two people with knowledge of that deal.
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