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Stop calling it 'The AI bubble': It's actually multiple bubbles, each with a different expiration date
It’s the question on everyone’s minds and lips: Are we in an AI bubble?It's the wrong question. The real question is: Which AI bubble are we in, and when will each one burst?The debate over w [...]
Jeff Bezos launches Project Prometheus, a $6.2 billion AI bet on faster engineering
Jeff Bezos is taking on his first operational role since leaving Amazon in 2021. According to the New York Times, he is stepping in as co-CEO of Project Prometheus, a new AI startup backed by 6.2 bill [...]
Jeff Bezos will head a new engineering-focused AI startup called Project Prometheus
Jeff Bezos is spearheading a new AI started called Project Prometheus, focused on his current interests in space and engineering, The New York Times reports. The company, which has yet to be made pub [...]
Jeff Bezos' AI startup Prometheus closes $12 billion round at a $41 billion valuation
Jeff Bezos' AI startup Prometheus has closed a $12 billion funding round at a $41 billion valuation. The company launched just last November with $6.2 billion in seed funding. No products yet, be [...]
Jeff Bezos has been approached to buy a stake in Liverpool FC. Amazon already holds the Premier League TV rights.
Jeff Bezos has been approached to join a consortium seeking to buy a 30% stake in Liverpool Football Club from Fenway Sports Group, Sky Sports reported. The group is led by Amit Bhatia, the outgoing c [...]
The limits of bubble thinking: How AI breaks every historical analogy
It’s always the same story: A new technology appears and everyone starts talking about how it’ll change everything. Then capital rushes in, companies form overnight, and valuations climb faster th [...]