Follow us on google news

Jeff Bezos Launches Prometheus AI Venture, Dismisses Job Loss Fears

from major investors including JPMorgan Chase, Goldman Sachs, and BlackRock. With around 150 employees spread across San Francisco, London, and Zurich, Prometheus is positioning itself as a major force in AI-driven engineering innovation.

What Prometheus Aims to Build

Prometheus is designed to create an “artificial general engineer” — an AI system capable of designing and manufacturing complex physical products such as jet engines and spacecraft components. Bezos, who co-leads the company alongside former Google executive Vik Bajaj, says the goal is to give engineers tools that dramatically accelerate the invention process, enabling smaller teams to build bigger products in significantly less time. The pair are also reportedly in talks to raise an additional $100 billion for an investment fund that Prometheus would control.

Bezos Pushes Back on AI Job Loss Fears

Despite growing anxiety over AI-driven unemployment — one report found AI accounted for over a quarter of U.S. job cuts in April 2026 — Bezos remains firmly optimistic. He argues that fears among young people are “the opposite of reality,” suggesting that AI is more likely to cause a labor shortage by dramatically boosting worker productivity. Speaking to CNBC, he compared AI tools to handing a bulldozer to someone digging with a shovel.

Bezos believes that affordable, accessible invention will ultimately generate far more opportunities than it eliminates, pointing to historical innovations like the plow and steam engine as proof that technology consistently creates broader societal wealth.

Nirav Joshi: