Bezos AI Play, Future of Airports, CAA Fund | David Reger, Mike Wior, Ariel Cohen, Jeff Tatarchuk, Matt Joseph, Ade Ajao, Jeremy Fraenkel

**John Coogan** (0:00)
Let me tell you about Figma.
I pushed the Figma button. Agents, meet the canvas. Your AI agents now create and modify your Figma files with Design System Contact. You're watching TBPN. That's a happy accident. Today is Thursday, June 11th, 2026 We're live from the TBPN Ultram. The Temple of Technology, the Fortress of Finance, the Capital of Capital. Let me also tell you about ram.com. Time is money, save both. Easy use corporate cards, bill pay, accounting and a whole lot more all in one place. Gotta adjust my microphone over here. Well, Bezos is getting very serious about the AI game. $12 billion raised for Prometheus. It's just been six months since he emerged from stealth with 6.2 billion in funding.
The industrial AI startup, as they're calling it, raised another 12 billion in Series B. It's just a thousand times bigger than a normal Series A and a Series B. You used to go from 6 million Series A, 12 million Series B. Now, it's 6 billion Series A, 12 billion Series B. Serious dollars, but AI is expensive. The valuation, $41 billion. Back in November, there was very little disclosed about Prometheus. We wrote about it a little. There was some speculation on the time.

**Jordi Hays** (1:18)
41?

**John Coogan** (1:20)
41 billion. Bigger than what? It's a $40 billion company.

**Jordi Hays** (1:25)
This is a business that is buying existing companies?

**John Coogan** (1:31)
That's the thing. We don't really know. We don't really know, but it's a lot of money. It could be buying companies and trying to transform them are around 30 B to 40

**Jordi Hays** (1:41)
Well, being able to raise that much capital to buy businesses with that little dilution is a pretty remarkable feat. That pretty much only Jeff Bezos could pull off.

**John Coogan** (1:50)
Yeah. So the Wall Street Journal has some more details. And mostly it just gives you, takes you a little bit more inside the mind of Jeff Bezos and where he's thinking, like how he's thinking about the shape of the AI impact.
The headline is very clear. Bezos bats down AI job loss fears while launching new venture. New startup Prometheus seeks to build an artificial general engineer. AGE is the new buzzword. You thought we were running out of them. We got AI, AGI, ASI, RSI, AI FDE, personal super intelligence, meta super intelligence, TBD, continual learning.

**Jordi Hays** (2:36)
Standard intelligence. Irregular intelligence. Non-standard, ineffable intelligence. The irregular super intelligence company.

**John Coogan** (2:45)
Of the dog patch.

**Jordi Hays** (2:46)
The dog patch.

**John Coogan** (2:47)
Something like that. But artificial general engineer is the new phrase, the new term, and he wants to be able to design and manufacture complex physical products. So Jeff Bezos expects artificial intelligence to create a labor shortage in the economy.
Interesting. There's some correlation between liquid net worth and your projection. And your optimism. And your optimism. Right. Yeah. So he expects a labor shortage, rejecting fears that fast evolving technology will put humans out of work as he launches a new venture aimed at making engineers more productive. The billionaire founder of amazon.com, and don't forget Blue Origin, is co-leading a new AI business called Prometheus, which plans to build an artificial general engineer that can design and manufacture complex physical products such as a gen engine. We just saw some cool demos. I saw people vibe coding Boeing 747 Obviously, it's just the outside. It's modeling it. It can pull different reference points from CAD files on the Internet. But lots of cool demos, many powered by Fable 5 I've seen some GPT-5 stuff as well, where people try and go and see the classic Pelican on a bicycle in SVG. Well, you can see how you can draw a line from Pelican on a bicycle in SVG to functional jet engine in CAD that then we can actually go manufacture with step-by-step instructions for each part. Not that far away, certainly on the trend path, and that's what he's investing against.
He said in an interview that the company's goal is to quote, empower engineers and make innovation easier and faster, so smaller teams can do much bigger things in much shorter time cycles. That would be good. It takes forever to build a jet engine. It takes forever to build a plane. We've talked to multiple founders that have been trying to build new plane designs for decades and haven't really been able to scale them up, although they've made incredible gains in traction and demos. Actually getting new planes on the runway safely approved has been far too long. If AI speeds it up by 10%, that's like years. It's crazy.