Bezos’s Prometheus Raises $12 Billion at $41 Billion Valuation
Jeff Bezos’s industrial AI startup Prometheus raised $12 billion at a $41 billion valuation, emerging from stealth to build AI for engineering and manufacturing.
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Stepfun Raises $719 Million to Expand AI and Automotive Projects
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Ethan Caldwell
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Chinese AI startup Stepfun secured $719 million to accelerate foundational model development, AI agents, and AI-driven products in collaboration with Geely.
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Samantha Reed
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U.S. auto safety regulators granted Tesla a five-week extension to respond to an investigation into whether its Full Self-Driving system violates traffic laws during operation.