Project Prometheus

While markets remain fixated on chatbots and copilots, Amazon.com, Inc.‘s (NASDAQ:AMZN) founder and largest shareholder Jeff Bezos may have just reframed the entire AI trade. • What is going on with AMZN stock today? His reported $100 billion "Manufacturing Transformation Vehicle,"...

Amazon.com, Inc. (NASDAQ:AMZN) founder Jeff Bezos is reportedly in early discussions with major global investors to raise as much as $100 billion for a new fund. Bezos Eyes $100 Billion AI Fund To Transform Manufacturing The fund is aimed at acquiring manufacturing companies and accelerating their...

Tesla Inc. (NASDAQ:TSLA) and SpaceX CEO Elon Musk on Monday took a jibe at reports of Amazon.com Inc. (NASDAQ:AMZN) founder Jeff Bezos's new startup, Project Prometheus. Elon Musk Says Jeff Bezos Is A “Copycat” Taking to the social media platform X, Musk quoted a post by influencer...

Two of the world's wealthiest people could be gearing up for a new battle, with Amazon.com and Blue Origin founder Jeff Bezos taking on the artificial intelligence sector and billionaire Elon Musk. From Space to AI Bezos founded Amazon.com in 1994 and stepped down as CEO in 2021. After stepping...