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X-Energy sold 44.3 million Class A shares at $23 each, above the $16–$19 marketed range, and began trading on Nasdaq under the ticker XE on 24 April. The company has $1.8 billion in prior private capital, a $500 million Amazon-led Series C-1, and a binding commitment from Amazon to buy up to 5 gigawatts of […]
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Amazon-backed nuclear startup X-Energy raises $1.02 billion in IPO Read More »
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Project Prometheus, launched in November 2025 with $6.2 billion in initial funding, is developing AI systems that understand the physical world, targeting engineering, manufacturing, aerospace, robotics, and drug discovery. The round has not yet closed. Jeff Bezos is close to finalising a $10 billion funding round for his AI laboratory at a $38 billion valuation, […]
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Jeff Bezos’ physical AI lab is close to raising $10 billion at a $38 billion valuation Read More »
The deal is Amazon’s second consecutive mega-round with a frontier AI lab, following a near-identical $50 billion investment in OpenAI two months ago. Anthropic’s annualised revenue has reached $30 billion. The arrangement locks Anthropic into AWS’s Trainium chips through Trainium4 and secures up to 5 gigawatts of compute capacity for Claude. Amazon has agreed to […]
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Anthropic takes $5B from Amazon and pledges $100B in cloud spending in return Read More »
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Amazon Web Services (AWS) announced this Tuesday the launch of its AI bio tool, Amazon Bio Discovery, to accelerate the early-stage process of drug discovery in the pharmaceutical industry. The application aims to help scientists design and test novel drugs in a fast and secure way. Amazon Bio Discovery enables scientists to run complex computational […]
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Amazon launches AI Bio platform to accelerate early-stage drug discovery Read More »
X-energy is targeting a share price of $16–$19, which at the high end values the IPO at around $814M. Amazon led a $500M round and has committed to buying up to 5GW of nuclear power from the company by 2039. X-energy, an Amazon-backed nuclear reactor startup, has begun its investor roadshow and filed IPO documents […]
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Amazon-backed nuclear startup X-energy files for an IPO that could raise up to $814M Read More »