Bezos to co-lead $6.2B AI startup Project Prometheus. Jeff Bezos is stepping back into an operational CEO role for the first time since leaving Amazon in 2021. The billionaire will co-lead Project Prometheus, a secretive AI startup that has already raised $6.2 billion to revolutionize manufacturing across computing, automotive, and aerospace industries, The New York Times reported. This marks one of the largest early-stage funding rounds in startup history and signals Bezos's bet on AI transforming physical production. #JeffBezos #ProjectPrometheus #AIRevolution #StartupNews #TechLeadership https://www.perplexity.ai/...

Cursor raises $2.3B at $29.3B valuation

AI coding assistant Cursor secured a $2.3 billion funding round on Thursday, tripling its valuation to $29.3 billion just five months after its previous raise. The San Francisco-based startup, formally known as Anysphere Inc., has now raised one of the largest venture capital rounds in AI history, signaling extraordinary investor confidence in developer tools powered by artificial intelligence. #CursorAI #AICoding #VCRound #TechFunding #AIInvesting #StartupNews #DeveloperTools https://www.perplexity.ai/...

AI chipmaker Cerebras Systems has withdrawn its IPO plans shortly after raising $1.1B at an $8.1B valuation. The company cites an outdated prospectus amid rapid AI advancements but remains committed to going public soon. The move reflects strategic and regulatory challenges in the AI chip market. #Cerebras #IPO #AIChips #artificialintelligence #TechNews #Funding #NvidiaCompetitor #AIInfrastructure #StartupNews #TechFunding #innovation #AIHardware https://www.perplexity.ai/...