amazon, google and openai Updates

Jeff Bezos, the founder of Amazon, is stepping into a new role as co-chief executive of Project Prometheus, an artificial intelligence startup set to launch on November 17, 2025. This new venture has already secured a substantial $6.2 billion in funding, with Bezos himself contributing to the investment. Project Prometheus aims to develop advanced AI models for complex applications, including physical and experimental uses, and has already recruited nearly 100 experts from other prominent AI firms. Vik Bajaj, a former director at Google X, will serve alongside Bezos as co-CEO. This move by Bezos highlights a broader trend of significant capital flowing into the AI sector. Amazon itself is raising $15 billion through its first U.S. dollar bond sale in three years, attracting about $80 billion in demand, specifically to fund its extensive AI infrastructure investments. The company anticipates spending around $125 billion on capital expenditures this year, which includes a recent $38 billion deal with OpenAI. Other major tech players like Meta and Oracle are also actively raising billions to bolster their AI initiatives. The demand for AI-enabling hardware remains robust, with Nvidia at the forefront. Wells Fargo analyst Gary Mobley recently raised his price target for Nvidia stock to $265 from $225, maintaining an overweight rating, citing the immense growth in AI and Nvidia's strong market position due to its high-demand GPUs essential for AI model training and deployment. This new target suggests a potential upside of over 20 percent for the stock. Billionaire Ken Griffin, CEO of Citadel, demonstrated his confidence by increasing Citadel's stake in Nvidia by 22 percent in the third quarter, acquiring over 1.7 million shares, bringing their total holding to 9.8 million shares valued at $1.82 billion. HSBC analyst Frank Lee also rates Nvidia a Buy, with a $320 price target suggesting a 68 percent upside. Advanced Micro Devices (AMD) also shared positive updates for investors in the AI market, with Jose Najarro discussing these developments on November 16, 2025. The Motley Fool Stock Advisor team has identified AMD as one of their top 10 stock picks, drawing parallels to past successful investments in companies like Netflix and Nvidia. Innovation in AI efficiency is also gaining traction. Vancouver-based startup PowerLattice, founded by former Intel and Qualcomm engineer Peng Zou, recently secured $25 million in new funding, with investments from Celesta Capital and Playground Global. Notably, former Intel CEO Pat Gelsinger now sits on PowerLattice's board. PowerLattice's tiny chiplets promise to reduce AI power consumption by more than half by delivering electricity more efficiently to AI processors, with engineering samples already available and potential adoption by big tech companies by late next year. Even amidst discussions about a potential "AI bubble," major investors continue to show confidence. Warren Buffett's Berkshire Hathaway, for instance, has increased its holdings in Alphabet (Google's parent company). Meanwhile, STVA.B reported improved profitability in the third quarter, attributing this success to significant investments in AI infrastructure, despite lower sales compared to the previous year. Looking ahead, J.P. Morgan Private Bank's 2026 Global Investment Outlook emphasizes AI as a key theme, driving productivity and transforming industries. Co-Heads of Global Investment Strategy, Grace Peters and Stephen Parker, note that large US tech companies are substantially increasing capital investment. Jacob Manoukian suggests that AI investments could contribute more to US GDP growth this year than consumer spending, while Sitara Sundar points to private markets as the next frontier for AI value creation.

Key Takeaways

  • Jeff Bezos is co-CEO of Project Prometheus, a new AI startup launching November 17, 2025, with $6.2 billion in funding.
  • Amazon plans to raise $15 billion via a bond sale for AI infrastructure, including a recent $38 billion deal with OpenAI.
  • Nvidia's stock target was raised to $265 by Wells Fargo, and billionaire Ken Griffin's Citadel increased its stake to $1.82 billion, citing Nvidia's strong AI market position.
  • Advanced Micro Devices (AMD) shared positive AI market updates and is listed as a top 10 stock pick by The Motley Fool Stock Advisor.
  • PowerLattice, a startup with former Intel CEO Pat Gelsinger on its board, raised $25 million for chiplets that can reduce AI power consumption by over half.
  • Warren Buffett's Berkshire Hathaway increased its investment in Alphabet (Google), despite ongoing discussions about a potential "AI bubble."
  • STVA.B improved its Q3 profit due to major investments in artificial intelligence infrastructure.
  • J.P. Morgan's 2026 Global Investment Outlook highlights AI as a significant driver of productivity, potentially contributing more to US GDP growth than consumer spending this year.
  • The next wave of AI value creation is expected to occur in private markets, according to J.P. Morgan.
  • The AI sector is experiencing a trend of multi-billion dollar deals and partnerships involving major tech companies like Amazon, Google, OpenAI, Oracle, and AMD.

Jeff Bezos launches AI startup Project Prometheus with $6.2 billion

Amazon founder Jeff Bezos is starting a new artificial intelligence company called Project Prometheus. He will serve as its co-chief executive. The startup has secured $6.2 billion in funding, partly from Bezos himself. Project Prometheus aims to create advanced AI models for complex tasks, including physical and experimental uses. It has already hired almost 100 experts from other leading AI firms.

Jeff Bezos co-leads new $6.2 billion AI startup Project Prometheus

On November 17 2025, Jeff Bezos will co-lead a new artificial intelligence startup called Project Prometheus. The company has already received $6.2 billion in funding, with some coming from Bezos himself. Vik Bajaj, a former Google X director, will also serve as co-CEO. This launch is part of a larger trend of huge investments in AI this year, with many multi-billion dollar deals happening. These deals include partnerships between major tech companies like OpenAI, Amazon, Google, Oracle, and AMD.

Jeff Bezos becomes co-CEO of new AI startup Project Prometheus

Amazon founder Jeff Bezos is reportedly taking on a new role as co-CEO of an AI startup named Project Prometheus. He is partly funding the company, which has already raised $6.2 billion. Bezos will actively manage the startup as its co-chief executive.

AMD shares exciting AI market updates for investors

Advanced Micro Devices AMD shared important news for investors in the artificial intelligence market. Jose Najarro discussed these updates in a video published on November 16 2025. The Motley Fool Stock Advisor team also identified AMD as one of their top 10 stock picks. They highlighted past successes with Netflix and Nvidia, showing how early investments could lead to huge returns.

Advanced Micro Devices shares new AI market updates

Advanced Micro Devices announced many new updates about the artificial intelligence market. A video discussed these recent changes affecting AMD and other AI stocks. Stock prices used for the video were from November 14 2025, and the video itself was published on November 16 2025.

PowerLattice chiplets reduce AI power use by over half

Vancouver startup PowerLattice claims its new chiplets can cut AI power needs by more than half. Former Intel CEO Pat Gelsinger now sits on PowerLattice's board after his firm, Playground Global, invested in the company. PowerLattice recently raised $25 million in new funding, with Celesta Capital also contributing. CEO Peng Zou, a former Intel and Qualcomm engineer, founded the company two years ago with two colleagues. Their tiny chiplets deliver electricity more efficiently to AI processors, helping data centers save energy. Engineering samples are ready, and big tech companies might use this technology by late next year.

STVA.B improves Q3 profit with AI and product growth

STVA.B reported improved profitability in the third quarter, even though sales were lower than last year. This positive result was due to major investments in artificial intelligence infrastructure. The company also saw successful expansion for its game, Mortal Online 2. These efforts are helping STVA.B achieve faster innovation and growth.

Nvidia stock target rises to $265 due to AI boom

Wells Fargo analyst Gary Mobley raised his price target for Nvidia NVDA stock to $265, up from $225. He kept an overweight rating on the stock, citing the huge growth in artificial intelligence. Mobley believes Nvidia holds a very strong position in the AI market because its GPUs are in high demand. These GPUs are vital for training and using AI models. This new target suggests Nvidia's stock could go up by more than 20 percent.

J.P. Morgan shares 2026 investment outlook on AI and global changes

J.P. Morgan Private Bank released its 2026 Global Investment Outlook, focusing on three main themes: AI, global fragmentation, and inflation. Grace Peters and Stephen Parker, Co-Heads of Global Investment Strategy, explained that AI is changing industries and driving productivity, with large US tech companies increasing capital investment significantly. Jacob Manoukian noted that AI investments could contribute more to US GDP growth than consumer spending this year. Sitara Sundar highlighted that the next wave of AI value creation is happening in private markets. The outlook also discusses how global fragmentation is reshaping trade and security, and how regions like Europe and Latin America are adapting.

Warren Buffett's Berkshire Hathaway buys more Alphabet stock

Warren Buffett's company, Berkshire Hathaway, has bought more shares of Alphabet. This move comes even though some people worry about a possible "AI bubble" in the market. "The Big Money Show" panel discussed whether the current excitement around artificial intelligence is truly a bubble that might burst.

Ken Griffin invests heavily in Nvidia AI stock

Billionaire Ken Griffin, CEO of Citadel, made a big bet on Nvidia stock during the third quarter. He increased Citadel's stake in Nvidia by 22 percent, buying over 1.7 million shares. Citadel now owns 9.8 million Nvidia shares, valued at $1.82 billion. Griffin believes Nvidia is a market leader in AI due to its powerful GPUs and complete software ecosystem. HSBC analyst Frank Lee also rates Nvidia a Buy, with a $320 price target suggesting a 68 percent upside.

Amazon raises $15 billion for AI investments

Amazon plans to raise $15 billion through its first U.S. dollar bond sale in three years. This money will help fund the company's big investments in artificial intelligence infrastructure. The bond offering, which included a 40-year bond, attracted about $80 billion in demand. Amazon expects to spend around $125 billion on capital expenditures this year, including a recent $38 billion deal with OpenAI. Other major tech firms like Meta and Oracle are also raising billions to boost their AI efforts.

Sources

NOTE:

This news brief was generated using AI technology (including, but not limited to, Google Gemini API, Llama, Grok, and Mistral) from aggregated news articles, with minimal to no human editing/review. It is provided for informational purposes only and may contain inaccuracies or biases. This is not financial, investment, or professional advice. If you have any questions or concerns, please verify all information with the linked original articles in the Sources section below.

AI Startup Jeff Bezos Project Prometheus AI Investment Nvidia AMD GPUs AI Market Amazon OpenAI Google Oracle Meta Intel PowerLattice Chiplets AI Power Efficiency Data Centers Stock Market AI Bubble Capital Expenditures J.P. Morgan Berkshire Hathaway Alphabet Citadel STVA.B AI Infrastructure Advanced AI Vik Bajaj Pat Gelsinger Global Investment Outlook Economic Impact of AI

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