The Abu Dhabi Investment Authority (ADIA), one of the world’s largest sovereign wealth funds, is reportedly in early-stage discussions to participate in a major fundraising round for Project Prometheus, a secretive new artificial intelligence company co-led by Amazon founder Jeff Bezos.
The Prometheus Mission
Project Prometheus is aiming to raise tens of billions of dollars to acquire and invest in companies significantly impacted by the rapid advancements in artificial intelligence. The venture’s strategy focuses on capitalizing on the disruption caused by AI, targeting key sectors such as automobile manufacturing, spacecraft engineering, and computer hardware.
Details about the project remain limited, but it has been building a formidable team. Since Bezos took on the co-CEO role in late 2025—his first formal operational position since leaving his post as Amazon CEO—the company has hired over 100 employees, including senior talent from AI powerhouses like Google DeepMind and OpenAI.
A Strategic Move for ADIA
For ADIA, which manages over $1 trillion in assets, this potential investment aligns with its growing focus on cutting-edge technology and artificial intelligence. The fund has been actively increasing its exposure to the AI sector globally.
In late 2025, ADIA invested $65 million in the IPO of Chinese AI firm MiniMax. The sovereign wealth fund also recently increased its investment in US-based Vantage Data Centers to support its expansion across the Asia-Pacific region, underscoring its commitment to building out the essential infrastructure that powers AI. An investment in Project Prometheus would represent a significant bet on the transformative potential of AI at a foundational level.
About Abu Dhabi Investment Authority (ADIA)
The Abu Dhabi Investment Authority is a globally diversified investment institution that prudently invests funds on behalf of the Government of Abu Dhabi through a strategy focused on long-term value creation. Established in 1976, ADIA is one of the world’s largest sovereign wealth funds, with a portfolio that spans multiple geographies and asset classes.
Source: AGBI
