Project Prometheus — the industrial 'physical AI' startup led by Jeff Bezos and co-CEO Vik Bajaj — announced a ~$12B raise on 11 Jun 2026, lifting its valuation to ~$41B. This follows its $6.2B Nov 2025 launch round, making it one of the best-funded AI startups ever. Focus: AI applied to real-world manufacturing and engineering.
Project Prometheus — the industrial 'physical AI' startup led by Jeff Bezos and co-CEO Vik Bajaj — announced a ~$12B raise on 11 Jun 2026, lifting its valuation to ~$41B. This follows its $6.2B Nov 2025 launch round, making it one of the best-funded AI startups ever. Focus: AI applied to real-world manufacturing and engineering.
Elon Musk's xAI closed a $20 billion Series E funding round with backers including Nvidia, Cisco and Fidelity, one of the largest private AI raises on record and a major capitalization step for its Grok/compute ambitions.
Co-founder and chief executive Misha Laskin confirmed on CNBC that Reflection AI's latest funding round had closed at a $25 billion pre-money valuation. That is roughly three times the approximately $8 billion valuation attached to its $2 billion Series B in October 2025. IMPORTANT: the amount raised in this round was NOT disclosed in the confirmation and is not asserted here — earlier trade reports of a roughly $2.5 billion target described talks, not a closed figure.