John Coogan

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Well, Bezos is getting very serious about the AI game.

$12 billion raised for Prometheus.

It's just been six months since he emerged from stealth with 6.2 billion in funding.

The industrial AI startup, as they're calling it, raised another 12 billion in series B. It's just a thousand times bigger than a normal series A and a series B.

You used to go from 6 million Series A, 12 million Series B. Now, it's 6 billion Series A, 12 billion Series B. Serious dollars, but AI is expensive.

The valuation, $41 billion.

Back in November, there was very little disclosed about Prometheus.

We wrote about it a little.

There was some speculation on the time.

41?

41 billion.

Bigger than, what's a $40 billion company?

And this is a business that is buying existing companies?

That's the thing.

We don't really know.

We don't really know.

But it's a lot of money.

It could be buying companies and trying to transform them are around $30 billion to $40 billion.