It was founded by Jeff Bezos in November 2025, who will serve as co-chief executive. The project will launch with $6.2 billion in funding, partly from Bezos.[1] Vik Bajaj, a chemist and physicist formerly of Google X who is the co-founder and CEO of AI-incubator Foresite Labs, is the startup's co-founder and co-chief executive.[1]

Prometheus is based in San Francisco, with offices in London and Zurich.[2] As of December 2025, the project had hired over 120 employees, including researchers poached from AI firms Meta, OpenAI, and DeepMind.[1][3][4]

Among other things, the company plans to use AI technology to improve engineering and manufacturing in the fields of computing, aerospace, and automobiles.[5][6] It intends to apply AI to physical tasks; this requires systems that can learn not just from massive amounts of digital data, as LLMs are programmed to do, but also from real-world trial and error.[7][8]

In November 2025, Project Prometheus acquired General Agents, an agentic AI start-up.[9] In the following month, the company ran into a trademark issue, discovering that a trademark application for an AI company with the same name had been made on November 17th.[10]

As of 2026, the Prometheus group is also seeking large-scale funding for a holding company that would acquire companies that Bezos and Bajaj anticipate will be hit by industrial AI technology.[2]