Latest News

Amazon-founder-Jeff-Bezos

Jeff Bezos Steps Back Into Leadership as Co-CEO of New AI Startup, Project Prometheus

Amazon founder Jeff Bezos is reportedly returning to a hands-on leadership role for the first time since stepping down from Amazon in 2021. According to The New York Times, Bezos is taking on the role of co-CEO at a new artificial intelligence startup called Project Prometheus, a company he is also helping fund. The startup has already secured a massive $6.2 billion in backing, signaling its ambition to become a major force in the next era of AI. Bezos Joins Forces With Veteran AI and Biotech Leader Vik Bajaj Bezos will share the top role with Vik Bajaj, a seasoned tech and biotech executive. Bajaj previously led Google’s life sciences division, co-founded Alphabet’s health-focused company Verily, and helped launch Foresite Labs, an AI-driven research affiliate. The report notes Bajaj recently left Foresite Labs specifically to focus on building Prometheus. For Bezos, this marks a significant return to operations after years of focusing on space exploration, philanthropy, and higher-level strategic roles. Building AI for the Physical World Project Prometheus is positioning itself as an AI powerhouse focused on advancing the physical economy—industries like aerospace, automotive, energy, and advanced computer engineering. The company’s LinkedIn page highlights its mission as creating AI systems capable of understanding and simulating real-world physics. According to the report, its work is expected to resemble companies like Periodic Labs, which develop AI models capable of accelerating scientific discovery by mimicking real-world environments. A Team Stacked With AI Talent The startup has already assembled a team of nearly 100 specialists, including researchers and engineers with experience from top AI labs such as OpenAI, Meta, and Google DeepMind. With such a lineup — and billions in funding — Prometheus is signaling its intent to compete at the highest level of the AI industry. A New Chapter in the AI Arms Race Bezos’ involvement adds significant weight to the rapidly expanding AI race, especially as major players like OpenAI, Google, Anthropic, and xAI push toward new frontiers. His return also suggests a growing belief that AI’s next breakthroughs will happen at the intersection of software, hardware, and the physical sciences. As Project Prometheus accelerates development, the tech world will be watching closely to see how Bezos’ leadership shapes this ambitious new venture.

Jeff Bezos Steps Back Into Leadership as Co-CEO of New AI Startup, Project Prometheus Read More »

, , , , , ,
Cloudflare

Cloudflare Outage Disrupts Major Platforms, Company Blames ‘Latent Bug

A large portion of the internet went dark on Tuesday morning as a widespread Cloudflare outage impacted major platforms including ChatGPT, Claude, Spotify, X, and several other online services. The internet infrastructure giant quickly identified the issue, but the incident underscored just how dependent the modern web is on a handful of critical providers. Cloudflare Identifies the Cause and Issues a Fix At around 8 a.m. ET, Cloudflare updated its status page confirming that it had detected the problem and was deploying a fix. By mid-morning, the company reported that the situation had been stabilized, though it continued monitoring its systems to ensure a full recovery. Cloudflare’s CTO Dane Knecht later explained the root cause in a candid post on X, stating that the outage was triggered by a latent bug that went unnoticed during testing. According to Knecht, “a latent bug in a service underpinning our bot mitigation capability started to crash after a routine configuration change.” The malfunction cascaded across Cloudflare’s network, disrupting multiple services worldwide. He clarified that the outage was not the result of an attack. Cloudflare Apologizes and Promises Improvements Knecht apologized to users, saying the company had “failed its customers and the broader internet”, acknowledging the real-world impact of the disruption. Cloudflare confirmed that it would release a detailed post-incident report and strengthen safeguards to prevent a similar failure in the future. Despite the fix, Cloudflare noted ongoing issues for some users, particularly with logging into the Cloudflare dashboard. Engineers are actively working on resolving these lingering problems. A Reminder of the Internet’s Structural Fragility The outage comes less than a month after a significant AWS service disruption, highlighting a recurring concern: the internet relies heavily on a small number of infrastructure companies. When one experiences a failure, the ripple effect is immediate and widespread. Cloudflare alone powers an estimated 20% of all websites, operates data centers in 330 cities, and connects directly to 13,000 networks, including major ISPs and cloud providers. Given that one of its core services is defense against DDoS attacks, the irony of Tuesday’s downtime was not lost on many observers.

Cloudflare Outage Disrupts Major Platforms, Company Blames ‘Latent Bug Read More »

, , , , ,
European-tech-gets political

European Tech Steps Into Politics as Lobbying Efforts Grow

European technology is entering a new era — one where startups and investors aren’t just building products but also pushing for political influence. Atomico’s newly released State of European Tech 2025 report highlights a clear trend: lobbying is becoming a defining feature of Europe’s tech landscape. From Ecosystem Insights to Policy Advocacy This year’s report goes beyond investment numbers and ecosystem growth. According to Tom Wehmeier, Atomico partner and head of intelligence, the goal is no longer just to show progress but to shape the future. Atomico’s recommendations — Fix the friction, Fund the future, Empower talent, and Champion risk — reflect the industry’s growing desire for a more supportive environment. Founded by Skype co-founder Niklas Zennström, Atomico carries weight in European tech. Its portfolio includes major names such as Klarna, DeepL, Stripe, Supercell, and Aiven. With companies of this scale behind it, Atomico’s voice represents more than just a single firm; it echoes a broader shift among European startups. A Push for Unified Rules and Global Competitiveness European tech companies, much like their U.S. peers, are hiring public-affairs teams and joining collective efforts to influence policy. Many of these recommendations align with ongoing debates in Brussels — including the call for a “28th regime” that would simplify company formation across Europe. Currently, businesses must navigate 27 different national structures, an obstacle that slows cross-border growth. Atomico warns that the success of this new regime will depend heavily on whether it becomes a regulation instead of a directive. Regulations apply uniformly across all member states, which tech founders say is crucial for scaling. The report also features, for the first time, a message from European Commission President Ursula von der Leyen, who says she wants “the future of AI to be made in Europe,” underscoring the political importance of the region’s tech ambitions. New Voices, Growing Risks European tech advocacy is expanding, with groups like France Digitale, ESNA, and major startups taking more assertive positions. But challenges remain. Some proposals, such as boosting Europe’s chances of producing trillion-dollar companies, may feel disconnected from everyday citizens. Experts like Alexandru Voica of Synthesia say this gap is exactly why startups are increasing their communication efforts. With public trust in tech still fragile, companies now view policy and reputation management as essential. A Crucial Turning Point As Atomico puts it, Europe stands at a crossroads. Whether the continent strengthens its competitiveness — or falls behind global rivals — may depend on how effectively its tech leaders navigate both innovation and political influence.

European Tech Steps Into Politics as Lobbying Efforts Grow Read More »

, , , ,