Prometheus Raises $12 Billion at $41 Billion Valuation to Advance Physical AI Ambitions Prometheus, a physical artificial intelligence startup co-founded by Jeff Bezos and former Verily co-founder Vik Bajaj, has secured $12 billion in fresh funding, valuing the company at $41 billion.

The funding round attracted investments from Bezos alongside major financial institutions including jpmorganchase, goldmansachs, and blackrock among others.

The latest capital injection marks Prometheus’ second fundraising round since its launch late last year. The company previously raised $6.2 billion in an initial funding round, according to CNBC.

Prometheus is developing what it describes as an “artificial general engineer,” an AI system designed to automate the design and manufacturing of complex physical products and systems, ranging from jet engines to pharmaceutical compounds.

The company’s vision is to significantly transform engineering workflows by using AI to perform tasks traditionally handled by human engineers.

Despite concerns from some technology leaders that AI could eliminate large numbers of jobs, Bezos argues that the technology’s productivity gains will ultimately create greater demand for workers.

Bezos said AI-driven efficiency could usher in what he terms “labor scarcity,” a scenario in which demand for human talent exceeds available supply, positioning him at odds with industry figures who predict widespread workforce displacement from advancing AI technologies.

“Significant productivity in the economy is going to raise the standard of living,” he said. “People who today have two-earner households, they’ll become one-earner households. Maybe some people who are working overtime will stop working overtime.

The company, which employs about 150 people across offices in San Francisco, London and Zurich, has not disclosed details of the technology it has developed so far.

Bezos said a significant portion of the newly raised capital will be used to support Prometheus’ substantial computing requirements as it scales its AI capabilities.

The billionaire entrepreneur is no stranger to managing large workforces.

Amazon, where he serves as executive chairman and remains the largest individual shareholder, employs more than 1.5 million people globally.

Over the past year, the company, under Chief Executive Officer Andy Jassy, has cut tens of thousands of jobs while accelerating the adoption of automation technologies across its operations.