Jeff Bezos's New AI Company Raises 12 Billion Dollars
Jeff Bezos and Vik Bajaj started a new AI company called Prometheus. The startup raised 12 billion dollars to build software. The software will do engineering work for physical systems. Jeff Bezos thinks AI will help humans work less. The company will spend a lot of money on powerful computers. Investors really like physical AI.
Jeff Bezos and Vik Bajaj started a new company. The company is Prometheus. Vik Bajaj worked at Google before. Now, they are building a special Artificial Intelligence. They call it an artificial general engineer. This software is going to design complex physical systems. It will make jet engines. It will also make drug compounds.
The startup announced big news. They raised 12 billion dollars. Now, the company is worth 41 billion dollars. Jeff Bezos gave some of the money. Big banks gave money too. JPMorgan Chase, Goldman Sachs, and BlackRock invested in Prometheus. The company raised 6.2 billion dollars last year.
The AI is going to do a lot of engineering work. Some people worry about the future. They think AI will take jobs from humans. Jeff Bezos disagrees with this idea. He thinks the opposite is true. He says the demand for human workers will grow. He calls this labor scarcity. AI will bring significant productivity to the economy. It will raise the standard of living. He says families will need only one job. People will not work extra hours.
Prometheus has 150 employees right now. They work in San Francisco, London, and Zurich. The company keeps its current work a secret. Jeff Bezos said they will spend money on computers. The AI needs a lot of computer power.
Jeff Bezos understands large numbers of workers. He is the executive chairman at Amazon. Amazon employs more than 1.5 million people in the world. But Amazon also pushed for more automation recently. The company laid off thousands of people last year.
Prometheus is one of the most valued AI startups today. Investors like physical AI a lot. They pour money into this sector. They think physical AI is stronger than pure software. Code is good, but the physical world creates better defense.
Take a position. Out loud, if you can.
Four ways to start. Pick one and try saying it before you scroll on.
Tip · Record yourself, use in a notebook, or practice with a language partner.
What did Prometheus raise last year?
Future with 'Going To'
We use 'going to' followed by a base verb to talk about future plans or things we are sure will happen.
“This software is going to design complex physical systems.”
What to know · A2
Try saying this aloud
Scenario: Discussing future plans for a project.
- 01“This software is going to design”
- 02“They raised 12 billion dollars.”
- 03“They think AI will take jobs”
Register tip · informal
🔑Key Phrases
Describes complicated things you can touch, like engines.
Engineers study complex physical systems at the university.
Used when machines do the work instead of people.
Many workers are afraid that robots will take jobs from humans.
Refers to the amount of wealth, comfort, and goods available to a person.
A good job helps improve your standard of living.
🎙️ Article Audio — Kokoro TTS
Jeff Bezos's New AI Company Raises 12 Billion Dollars
Adapted from TechCrunch · Read the original. LinguaPress rewrites the facts as original graded-reader text for language learners.
Advertisement