Jeff Bezos, the billionaire founder and former CEO of Amazon, is set to return as CEO after stepping down four years ago. This time, he will serve as co-CEO of an AI startup called Project Prometheus. New York Times reported this from an anonymous source.
The startup is aiming to innovate AI solutions for engineering and manufacturing across various sectors, having secured an impressive $6.2 billion in funding—far exceeding what most companies gather in their lifetime. The company will be headed by Bezos’ co-founder and co-CEO, Vik Bajaj, a well-known technology executive and a physicist and chemist famed for his role at Google’s Moonshot Factory X, where he launched the health startup Verily.
Although the exact duration of the company’s existence is unclear, sources indicate that Project Prometheus already has a workforce of 100 people. Many of these employees were recruited from notable organizations like OpenAI, DeepMind, and Meta. Details about the project remain sparse as Bezos has not revealed its operational base or the specifics of its technology. Having been heavily involved with his aerospace venture Blue Origin as its founder and sole shareholder, this role marks Bezos’ first official position since departing from Amazon.
Mr. Bezos and Mr. Bajaj enter a highly competitive AI market, where billions have been invested in rivals like OpenAI, with even more funds directed towards the swift advancement of AI models. However, a growing number of experts are raising concerns about the financial viability of the AI industry. Notably, Michael Burry, renowned for predicting the 2008 housing crisis, has recently placed a $1 billion bet against the stock prices of Palantir and Nvidia after accusing some major tech firms of using accounting strategies to “artificially inflate profits.” Read more.
wHeather Jane Johnson heard that Jeff Bezos got married in Venice this June, but she felt worse than ever. Twenty-five years ago, she closed her bookstore in Boston, Massachusetts. “I lost a lot because of Bezos and the American accomplices behind Amazon’s rise,” states the 53-year-old. “The primary reason I moved to Italy was my sense of betrayal by my homeland.”
When a public meeting was announced in the city, she immediately attended. Since then, she has participated in every gathering of anti-Bezos activists, including the one right before last week’s wedding. “These young people have truly restored my faith in humanity,” Johnson remarks.
Many activists part of the “Bezos No Spaces” movement are based at Laboratorio Accupatato Morion, which identifies as “an anti-fascist, anti-capitalist, anti-racist, and transfeminist political space.” Federica Toninero, 33, describes it as “the home of many struggles.” The venue boasts the same vaulted ceilings and grandeur as others nearby, but is adorned with banners and placards ready to transform Venice in anticipation of Bezos’ wedding festivities, starting Thursday. (During my visit on Sunday, I didn’t spot any billionaires; their inclination for invisibility is strong.) It is all visually stunning, reminiscent of one of Venice’s countercultural spaces, filled with striking graphics from past campaigns against big ships, cruises, and tourists. A grassroots movement emerges here, advocating for refugees, with feminist unions popping up to address issues such as climate crises and urban poverty.
“I don’t think he’s welcome”… his fiancées, Lauren Sanchez and Bezos. Photo: Bruce Glikas/Wireimage
Noemi Donà, a 19-year-old activist from USG (a slowly growing union of young leftists), mentions Oliver, 43, who works as a receptionist in a historic Venetian hotel, not one of the hyper-luxury ones, but rather a “small 14th-century palace.” “Bezos can pay and stay here,” he says, “but thousands of Italian shops have closed due to Amazon’s rise. There are universities aligning with us, many of which occupied campuses last year to protest against the Israeli bombings of Gaza.”
The atmosphere is charged with the scent of aerosols and felt-tip pens. Some banners proclaim “Free Palestine,” while others demand the cessation of bombings in Iran. The Palestinian Libre organization actively condemns the U.S. attack on Iran, which feels particularly shocking just under 24 hours since it occurred. Yet, in opposition to Bezos, Marta Sottoliva, a 34-year-old middle school teacher, asserts, “This isn’t just a group; it’s a platform.”
“If Bezos had announced his wedding here without our movement, the media’s narrative would have centered on a luxurious hotel, VIPs, and gossip,” Sottliva reflects. “We aimed to highlight the obscene wealth that enables men like him to monopolize a city.”
On June 12th, the activists unfurled a massive 8-meter banner featuring Bezos’ name encircled in red. Tonyelo jokes about their lively banter on social media, saying, “You must be embarrassed!” A similar banner was displayed on the Rialto Bridge shortly after.
Protest at San Giorgio Maggiore. Photo: Marta Sottoriva
The activists have shifted their focus from merely questioning, “How much money does he have?” to “What conversation will arise from Bezos’ presence? What numbers will they draw?” As Elon Musk captures the public’s attention, there’s a growing discontent regarding the high purchasing power of elites in the face of societal upheavals. One aspect Bezos cannot buy is public goodwill—nor respect for his fiancée, Lauren Sanchez, nor for the 200 guests he plans to invite. That, indeed, is significant.
Not all demonstrations will be publicized, but one detail is clear: a protest will block access to the Scola Grande della Misericordia this Saturday, where Bezos is set to host the celebration.
On a Sunday evening stroll around the venue, I analyzed the logistics for a protest designed to obstruct any chance of the Kardashian presence. A three-meter-wide strip runs along the canal, with a steep drop, creating a narrow bridge that unexpectedly terminates at metal gates in Venice. On the west side, a pavement parallels the canal, leading to a small bridge that could facilitate both police and protesters, but only permits slow movements. With so many stunning bridges dotting Venice, this is the most beautiful, though not conducive to fast access. A square lies at one end and a canal at the other. If 200 protesters show up, they could indeed create significant disruption.
Rumor has it that Bezos isn’t relying solely on police protection but is also engaging former Marlins, hoping to bolster his public image. “How can I get someone away from the water without causing harm?” Toninero muses, her tone playful rather than anxious. “We use our bodies to convey, ‘Stop it, we don’t want this.’”
According to reports Monday, Bezos has been compelled to relocate the party to a different venue.
Rialto Bridge banner. Photo: Manuel Silvestri/Reuters
Even as the city showcases its exquisite eccentricities, it’s difficult to imagine hosting a lavish party in such a locale with a dead-end bridge resembling a 14th-century lagoon. If you spread the word to just 15 people that you’re not welcome, you realize how inherently impossible it is to execute a glamorous, star-studded event here. Perhaps Venice is a mere facade, and the real celebration is set for Maui.
The activist assembly aired their views amidst all this. Critics argue Bezos and Sanchez may not be ideal foes for the anti-tourism sentiment. Yet, many Venetians recognize a common disregard from local authorities. In their quest to appease billionaires, the city effectively shuts down its center. They exert significant influence over short-term rentals yet refuse to take action. Last year’s initiative, taxing tourists €5 a day, was believed to address the situation, but as Sottoliva points out, locals feel they “are like animals in a zoo or cartoon characters from Disneyland.”
Sofia, 26, originally from Barcelona, has engaged in numerous discussions regarding overtourism, but she sees a uniquely vibrant community within Venice, supporting one another beyond mere intellectual endeavors.
Venice’s politically radical lens, influenced largely by its tourism, contrasts sharply with Bezos’ wedding deal, revealing inconsistencies in his values. His conduct as an employer and his apparent disregard for corporate tax responsibilities reflect a divide that becomes glaringly visible in such discussions.
Michael Jordan’s yacht docked in Venice ahead of Bezos’ wedding. Photo: Yara Nardi/Reuters
Climate change activists have also voiced concerns about promoting a culture of extreme consumption, as noted by Stella Faye, a 27-year-old university researcher.
Politically, Bezos’ transition from a perceived mild Democratic supporter to an active Trump advocate has not gone unnoticed. “We are witnessing a disturbing fusion between the private interests of digital capitalism and fascism,” argues Sottoliva. “This is not just confined to Venice.”
Perhaps most troubling for Bezos is the emerging critique of billionaires not just as individuals, but as systemic forces. “There’s a rise in anti-wealth movements,” states Robin Piazzo, a political scientist at the University of Turin. Traditionally, Marxist discourse focused less on billionaires as individuals, instead analyzing capitalism as a collective system. The grassroots movements increasingly question the narratives around the affluent, especially as they light on the influence of wealth over politics and media.
Yet, within grassroots movements, a consistent anti-Western critique is evident, bridging both religious and political sentiments. Piazzo, who also serves on the city council for the Democratic Party, recounts a 90-year-old woman approaching him post-meeting, saying, “You must act against the rich; I detest them.” She aligned herself with the sentiments expressed by Pope Francis. “This is a critical juncture for ultra-high-net-worth individuals,” he warns, as wealth’s perception shifts to a self-serving entity, starkly contrasted with the struggles faced by the less fortunate.
Wealth is showing its sharper edge once again. In 2001, during the G8 summit in Genoa, police responses were harsh and swift after a protester named Carlo Giuliani was killed by Carabinieri. During that tumultuous time, a leftist in England warned that if pushed, resisting police involved serious risks. The memories of such violence linger deeply.
After Giuliani’s death, a specialized police unit was deployed, known for its distinctive blue uniforms and aggressive tactics. Most surreal was the heavy steel fence constructed to shield leaders at the G8. However, despite the barriers, a single protester managed to break through and was quickly arrested. The show of force reflected a stark division between state officials and protesters—clearly demonstrating that their interests were at odds.
Twenty-four years later, Bezos’ wedding symbolizes everything he represents—wage reduction, rampant consumerism, environmental degradation, and wealth supremacy—casting a shadow over a city struggling to maintain its identity. “Honestly, it terrifies me,” states Noemi Donà. “But I’m here.”
President Trump’s 100th day in office commenced with what seems to be a rapidly developing dispute between the White House and Amazon.
During a press conference on Tuesday morning, White House Press Secretary Karoline Leavitt took a strong stance. Amazon had accused the administration of being “hostile and political” following a report from Punchbowl News claiming that the online retail giant’s products reflected an increase in tariff-related prices.
Displaying import fees would have clarified to American consumers that they bear the costs of Trump’s tariff policy, rather than China.
Following the report, Trump reportedly spoke with Amazon founder Jeff Bezos over the phone, as confirmed by three sources familiar with the conversation. An Amazon spokesperson quickly denied that any such policy was active, and by Tuesday afternoon, Trump was back to complimenting Bezos.
“Jeff Bezos is really good,” Trump told reporters during a trip to Michigan for a rally celebrating the first 100 days of his second term. “He solved the problem very quickly. He did the right thing. He’s a good guy.”
The relationship between Trump and Bezos seemed to shift dramatically in just a few hours. Bezos, one of the billionaires aligning with the White House, was courted by Trump due to his business acumen. Yet the administration was quick to publicly challenge Bezos when it appeared his business interests could potentially undermine Trump’s political position.
This strategy appeared effective.
Leavitt criticized Amazon on Tuesday morning while standing beside Treasury Secretary Scott Bescent. She mentioned her recent phone conversation with the president regarding the Punchbowl report and questioned why Amazon didn’t react similarly to price increases during the Biden administration amid inflation.
Leavitt referred to a 2021 Reuters article declaring, “Amazon is affiliated with Chinese propaganda arms,” stating it was “not a surprise.”
An Amazon spokesperson later indicated that while they acknowledged some points from the Punchbowl report, the new feature Amazon Haul—aimed at competing with Chinese retailer Temu—would display “import fees” to eliminate customs loopholes.
“The team is always discussing ideas,” said spokesperson Ty Rogers in a statement. He clarified that this concept has not been contemplated for the main Amazon site, adding, “This will never be approved and will not happen.”
Commerce Secretary Howard Lutnick shared on social media that this development was “good news.”
Trump’s assertive tariffs on Chinese goods initiated an escalating trade war, despite his administration withdrawing from wider global negotiations, citing talks with numerous countries regarding new trade agreements.
Leavitt’s criticisms of Amazon were particularly significant given Bezos’ long-standing efforts to curry favor with the White House. Amazon contributed $1 million to Trump’s inauguration fund and reserved prime seating for Bezos and his wife.
Before the election, Bezos canceled editor support for Kamala Harris at the Washington Post. Recently, Amazon Prime has added multiple seasons of “Apprentice” to its lineup and struck deals with the Trump family for a documentary about Melania Trump.
In December, Bezos discussed the move to Trump at the New York Times Dealbook Summit, commenting, “What I’ve seen so far is that he’s calmer compared to his first term.”
He remarked, “I’m very hopeful. He seems to have a lot of energy in reducing regulations.”
When asked about his relationship with Bezos in a recent Cover Story in Atlantic Magazine, released Monday, Trump stated, “He’s 100%. He was amazing.”
However, when Levitt was posed a question on Tuesday morning about whether Bezos would still be seen as a Trump supporter, she deflected.
“Look, I’m not going to discuss the president’s relationship with Jeff Bezos,” Levitt replied.
CAPE CANAVERAL, FLORIDA — Blue Origin successfully launched a massive new rocket on its inaugural test flight on Thursday, sending a prototype satellite into orbit thousands of miles above Earth.
Named after the first American to orbit the Earth, the New Glenn rocket took off from Florida and lifted off from the same launch pad that was used for NASA’s Mariner and Pioneer spacecraft half a century ago.
Developed over many years with substantial funding from Amazon founder Jeff Bezos, the 98-meter-long rocket carried an experimental platform designed to transport the satellite and deploy it into a designated orbit.
With all seven main engines firing at liftoff, the rocket ascended through the early morning sky, exciting the crowds gathered along the nearby beach. Bezos was actively involved in the launch control, and employees of Blue Origin cheered as the spacecraft successfully reached orbit 13 minutes later, earning praise from SpaceX’s Elon Musk.
Although the first stage booster failed to land on the barge in the Atlantic Ocean, the company emphasized that a more significant milestone was achieved. Bezos had mentioned before the flight that attempting to land the booster on the first try was “a bit wild.”
“We did it!” exclaimed Blue Origin CEO Dave Limp about reaching orbit with a thumbs up. “Heading to splashdown and trying again on the landing.”
For this test mission, the satellite was designed to remain attached to the second stage while orbiting the Earth. The plan was to place the second stage in a stable orbit high above, following NASA guidelines to reduce space debris.
New Glenn is set to conduct more missions in the future, carrying spacecraft and eventually enabling astronauts to orbit the Earth and beyond, including to the moon.
Founded by Bezos 25 years ago, Blue Origin plans to launch a paid passenger service starting in 2021, aiming to explore the far reaches of the universe. Their suborbital flights from Texas will use a smaller rocket named after Alan Shepard, the first American in space. The towering New Glenn, honoring John Glenn, stands five times taller.
Blue Origin has invested over $1 billion in the New Glenn launch site, refurbishing Cape Canaveral Space Force Station’s historic Complex 36. The launch site is located 9 miles (14 kilometers) from the company’s control center and rocket factory near NASA’s Kennedy Space Center entrance.
The company plans to conduct six to eight New Glenn flights during this year, with the next one scheduled for the coming spring.
Bezos declined to disclose his personal investment in the program during a recent interview, emphasizing that Blue Origin does not see itself in direct competition with Musk’s SpaceX, which has long been a leader in rocket launches.
“There’s enough room for multiple winners,” Bezos stated, highlighting that this marks “the dawn of a new era in space exploration, where we collaborate as an industry to decrease the cost of space exploration and increase access to space.”
New Glenn joins the ranks of United Launch Alliance’s Vulcan, Europe’s enhanced Ariane 6, NASA’s Space Launch System (SLS), and the Saturn V in enabling human spaceflight. It is the latest among several large new rockets launched in recent years, including SpaceX’s Starship.
Standing at approximately 400 feet (123 meters) tall, SpaceX’s Starship is the largest rocket to date. Musk mentioned a possible seventh test flight of the entire rocket from Texas later on Thursday, aiming to replicate the success of catching the returning booster with a giant mechanical arm in October.
NASA plans to utilize Starship for landing astronauts on the moon in the coming years as part of the Artemis program. Blue Origin’s lunar lander, named Blue Moon, will play a role in future moon missions as well.
As NASA transitions leadership, Administrator Bill Nelson has advocated for fostering competition in lunar landing capabilities, resembling the approach of contracting multiple companies for transporting astronauts to the International Space Station. Nelson will be stepping down when the new administration takes office.
Tech billionaire Jared Isaacman has been nominated by the President to lead NASA, pending Senate confirmation. Isaacman, who has embarked on two privately funded SpaceX flights to orbit, will oversee the agency’s future endeavors in space exploration.
Initially planned to send twin spacecraft to Mars for NASA, New Glenn’s debut was postponed due to delays. Nonetheless, Blue Origin intends to continue testing the New Glenn rocket, with potential future missions in the pipeline. The two small spacecraft, dubbed Escapade, will orbit Mars to study its atmosphere and magnetic field.
Billionaire Jeff Bezos and his fiance Lauren Sanchez saved $600 million in taxes just by moving to Florida.
The accounting windfall resulted from the $2 billion sale of Amazon stock.
Bezos, 59, who is in a three-way race with Microsoft’s Bill Gates and Tesla’s Elon Musk to become America’s richest man, announced in November that he would be leaving Seattle, where he has worked for 30 years. –This is what he said on the outside: in an instagram postto be closer to his parents, and his Blue Origin rocket is launched at Cape Canaveral.
“I’ve lived in Seattle longer than anywhere else and have so many great memories here. This move is both exciting and an emotional decision for me. Seattle, you will always be my It’s a part of my heart,” he wrote.
But on Tuesday, Financial News Network CNBC provided another clue In response to his move, Washington two years ago introduced a new 7% capital gains tax on the sale of stocks and bonds worth more than $250,000.
However, Florida does not tax income or capital gains.
Since 1998, Bezos has been involved in projects such as his philanthropic project Blue Origin, new homes on Miami’s “billionaire bunker” island Indian Creek and a $500 million, 417-foot home, the newspaper reported. The company has reportedly sold billions of dollars in Amazon stock to raise money for splashy acquisitions such as Amazon. Megayacht Col.
Last year, after the new tax was introduced, Bezos halted sales of Amazon stock until he notified the U.S. Securities and Exchange Commission that he planned to sell 50 million shares by January 31, 2025, at a current value of That’s equivalent to $8.7 billion.
With the first $2 billion tranche last week, Bezos saved $140 million in taxes he would have paid to Washington state. If Amazon stock continues to rise, total sales over the next two years will be about $610 million or more. This savings is enough to cover Kuro’s expenses.
The cost of relocating to Miami was in itself daunting for the couple, who have so far purchased two homes in Indian Creek, near the mansions of quarterback Tom Brady, Ivanka Trump and her husband Jared Kushner. It has invested $47 million. Investor Carl Icahn.
Real estate brokers in Miami say Mr. Bezos will likely demolish two homes and build new ones. He is also said to be considering other properties on the island, which is itself a municipality and has a mayor.
Kobi Karp, an architect who has worked in Miami “since the days of Miami Vice and Scarface,” told Bloomberg that the island’s biggest draw is privacy. paul george, History Miami Museum He told the media that the island was “inhabited only by very wealthy people, billionaires.”
Karp added: “We’re not going to lose hundreds of millions more.”
But Bezos’ personal real estate projects may not fully account for the costs involved in moving the billionaire, his fiancée and their support staff across continents. Shortly after Bezos announced the couple’s move to Miami, Amazon announced it was looking for 50,000 square feet of office space near Brickell.
blue origin aims to finally end the more than 15-month grounding of its New Shepard suborbital rocket, with the company today announcing it will fly unmanned missions as early as Dec. 18.
The company confirmed its release social media accounts Followed by Bloomberg reporting Content of internal email for new target date. The mission, called NS-24, will carry 33 scientific research payloads and other cargo.
The new Shepard has been grounded since September 2022, when an engine nozzle problem triggered an automatic shutdown and released the unmanned capsule from its booster. The capsule landed safely. The booster was destroyed upon crashing to Earth. (This mission was also unmanned.)
The Federal Aviation Administration formally closed its investigation into the crash in September and directed Blue Origin to take 21 corrective actions, including redesigning engine and nozzle components and “organizational changes.”
This new launch date means Blue Origin has implemented all measures and received a revised launch license from the FAA. The amended license expires in August 2025 and is limited to launches only from Blue Origin’s West Texas facility, according to the regulator’s website.
Blue Origin has ambitious projects in development, including a heavy-lift rocket called New Glenn, which aims to take flight late next year, and a lunar lander called Blue Moon, for which it is seeking a $3.4 billion contract from NASA. The Shepard Flight Program is the only one currently in operation. To date, the vehicle has flown over his 22 flights, taking 31 people (including CEO Jeff Bezos himself) to the edge of space and back.
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