Capital Race: Jeff Bezos’ AI Lab Valued at $38B

The monopoly of OpenAI and Anthropic faces a serious challenge. On April 21, 2026, it was reported that Jeff Bezos’ secret AI lab (Project Prometheus) is close to closing a $10 billion investment round at a total company valuation of $38 billion.

Bezos’ move is logical: controlling AGI is a matter of survival for the Amazon ecosystem. The $10 billion injection will go directly toward purchasing computing power (likely servers and custom AI chips, the shortage of which Morgan Stanley warned about yesterday). The generative AI market has entered a phase where the price of admission to create frontier models is measured in tens of billions of dollars. Bezos is willing to pay this price to guarantee the sovereignty of his technological supply chains.

Source: Reuters / FT / Bloomberg