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Squawk on the Street

10AM Hour: Exclusive: Jeff Bezos with Co-CEO of New AI Startup ‘Prometheus’ 6/11/26

Squawk on the Street

CNBC

Investing, Business, News

4.1567 Ratings

🗓️ 11 June 2026

⏱️ 49 minutes

🧾️ Download transcript

Summary

Jeff Bezos joins the show from San Francisco along with his co-founder and co-CEO of AI startup Prometheus. Just announcing a new $12B series B funding round which values the firm at $41B. Bezos speaking for one of the first times about Prometheus’ ambitions. From chips to jet engines to batteries to solar and manufacturing. That extending conversation, only on Squawk on the Street. Squawk on the Street Disclaimer

Transcript

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0:00.0

Good Thursday morning. Welcome to Squawk on the Street. I'm Carl Cantonea with Leslie Picker, live at Post-9 of the New York Stock Exchange.

0:11.4

David Fabers live today in San Francisco, where he will be joined in just a moment by Amazon's founder, Jeff Bezos, along with Vic Bajage, his co-founder at AI startup Prometheus, as the company

0:22.2

breaks some news around its latest funding round. Also this hour, on the lookout for Supreme Court

0:26.7

opinions as we await a potential decision on the president's authority to fire Fed Governor

0:31.9

Lisa Cook. We will get you headlines as soon as we get them. Quick check on the market on

0:36.9

this Thursday. There are so many

0:38.6

pots boiling. We're trying to get to break even SCP for the week, which would be around 73-84.

0:44.8

Chips are leading today after being down for the past five sessions, but between the ECB, Leslie,

0:50.8

SpaceX, Oracle, and the inflation prints.

0:56.4

It's a very complex backdrop today.

1:01.2

Not to mention what's going on geopolitically as well with regard to Iran and the U.S.

1:05.3

and its potential appetite to, you know, exacerbate aggressions.

1:05.7

Yes.

1:10.9

Even though oil doesn't seem to be buying it much as we got West Texas and Brent still in the red.

1:12.7

Let's get to favor in San Francisco.

1:19.9

Thank you, Carl Prometheus is a startup co-founded by Jeff Bezos and Vic Bajaj.

1:27.2

It is raising its series B round to $12 billion, and it does value the company now at roughly $41 billion.

1:28.8

That's new news.

1:31.4

The company has been largely quiet until now.

1:36.4

Its ambitions, though, are broad using AI to accelerate engineering across the physical economy,

1:41.4

from chips to jet engines to batteries, solar, manufacturing.

2:02.4

Joining us now on a CNBC exclusive is Brummeel's co-founders and co-CEO, Jeff Bej. Guys, thanks for having us here. Good morning, David. Good morning to you as well. Jeff, let me just start with you. You know, we say physical AI. I just read that. I don't know how many people even understand what your ambitions are. So briefly explain sort of what Prometheus is trying to do.

...

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