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Key Facts
Jeff Bezos, co-CEO of the new AI start-up Project Prometheus, marks his first operational role since stepping down as Amazon CEO in July 2021. The company was publicly launched on October 16, 2023, with $6.2 billion in funding and aims to focus on physical AI applications.
Bezos co-leads Project Prometheus alongside Vik Bajaj, formerly of Google X. This new venture enters a highly competitive landscape with other billionaires like Elon Musk, who founded xAI earlier this year. Both companies are expected to increase spending on Nvidia’s GPUs, which are essential for AI model training and deployment.
As of now, Bezos ranks third on the Bloomberg Billionaires Index with a net worth of $255 billion, while Elon Musk leads with $435 billion, highlighting a competitive rivalry in the AI industry.
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