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Project Prometheus

Jeff Bezos takes co-CEO role at new AI venture

Jeff Bezos takes co-CEO role at new AI venture

18 Nov 2025, 15:37 PM

Project Prometheus has already raised $6.2 billion with a portion of the capital from Amazon.

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Fintech Highlights

  1. UPI merchant payments dip in Feb; brokers see 28% fall in transaction value

  2. Future Wealth Investments floats $50 million debut venture fund

  3. Dugar Finance raises pre-Series A funding led by HegdInvst

  4. CoinDCX pledges Rs 100 crore for cyber safety push after founders' arrest

  5. Slice opens UPI credit card to all users after invite-only phase

  6. Read more news...

AI/Emerging Tech

  1. Bellatrix Aerospace raises $20 million in pre-Series B funding led by Cactus Partners

  2. Gnani.ai raises fresh funding led by Aavishkaar Capital

  3. Rocketlane raises $60 million in Series C funding led by Insight Partners

  4. Deccan AI secures Series A funding led by A91 Partners

  5. OpenAI hires JioStar CEO Kiran Mani to head Asia-Pacific biz

  6. Read more news...

IPO Tales

  1. Shiprocket IPO: A profitable core, costly emerging bets

  2. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  3. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor

  4. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO

  5. Read more news...

Money & Machines

  1. Rishi Gupta is out on bail. What next?; The cost of frivolous AI use

  2. Fintechs' Dubai Dream; Founders' AI Second Act

  3. A CEO arrested, hearing delayed; Sarvam's AI pitch

  4. Airtel's lending leap; Responsible AI only on paper?

  5. Previous editions...

PE/VC Tales

  1. Enterprise bets pay off as Arali Ventures eyes ‘larger’ third fund

  2. TDV Partners bullish on consumer over AI, plans bigger fund

  3. Peak XV top partners exit, a key retention marks a week of upheaval

  4. Silverneedle eyes 10x larger second fund, plans first semiconductor bet

  5. Read more news...

Editor's Pick

  1. ED orders Yes Bank to freeze accounts linked to BranchX, Frenzopay

  2. The shadow economy of online gaming: How money moves beyond the screen

  3. A VC in photos, a different story in business? Behind the facade of Foxhog’s Tarun Poddar

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