Update: Market Chatter: Amazon's Jeff Bezos Nearing $10 Billion Fundraising for Project Prometheus
22 april, 11:36
05:36 AM EDT, 04/22/2026 (MT Newswires) -- (Updates with JPMorgan's response in the fifth paragraph and the latest stock movement in the sixth paragraph.)
Amazon.com (AMZN) founder and Executive Chairman Jeff Bezos is nearing a $10 billion fundraising agreement from investors at a $38 billion valuation for his Project Prometheus, the Financial Times reported late Monday, citing people familiar with the matter.
The deal comprises a $6.2 billion initial financing raised in November, but has been extended because of demand, the unnamed sources told the publication.
JPMorgan Chase (JPM) and BlackRock (BLK) are among the investors in the new round, an undisclosed source told the FT.
The financing round is anticipated to close soon but no date has been finalized, according to the report.
JPMorgan and BlackRock declined MT Newswires'requests for comment, while Amazon didn't respond.
Amazon shares were up 1.1% in premarket activity Wednesday.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Update: Market Chatter: Amazon's Jeff Bezos Nearing $10 Billion Fundraising for Project Prometheus
22 april, 11:36
05:36 AM EDT, 04/22/2026 (MT Newswires) -- (Updates with JPMorgan's response in the fifth paragraph and the latest stock movement in the sixth paragraph.)
Amazon.com (AMZN) founder and Executive Chairman Jeff Bezos is nearing a $10 billion fundraising agreement from investors at a $38 billion valuation for his Project Prometheus, the Financial Times reported late Monday, citing people familiar with the matter.
The deal comprises a $6.2 billion initial financing raised in November, but has been extended because of demand, the unnamed sources told the publication.
JPMorgan Chase (JPM) and BlackRock (BLK) are among the investors in the new round, an undisclosed source told the FT.
The financing round is anticipated to close soon but no date has been finalized, according to the report.
JPMorgan and BlackRock declined MT Newswires'requests for comment, while Amazon didn't respond.
Amazon shares were up 1.1% in premarket activity Wednesday.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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