Jeff Bezos’ AI lab, Project Prometheus, is finalizing a $10 billion fundraising round.

The deal places the startup’s post-money valuation at $38 billion.

This funding includes a previously disclosed $6.2 billion raise from late 2025.

That prior investment valued the company at approximately $30 billion.

Bezos co-leads the venture in his first operational role since departing Amazon.

The company focuses on industrial and manufacturing AI rather than consumer chatbots.

Project Prometheus recruited researchers from OpenAI and Google to optimize physical processes.

The technology targets complex sectors including aerospace and semiconductors.