Jeff Bezos has unveiled Prometheus, an AI startup that raised $12 billion at a $41 billion valuation. Investors include JPMorgan Chase, Goldman Sachs, BlackRock, DST Global, Arch Venture Partners, and Bezos himself, who also backed an earlier $6.2 billion raise. Bezos and former Google X executive Vik Bajaj are co-CEOs. It is Bezos's first CEO role since he handed Amazon to Andy Jassy in 2021. Prometheus wants to build an "artificial general engineer", software that helps design, simulate, and manufacture products such as jet engines, drugs, bridges, and spacecraft. Bezos said it is not building robots. The company has about 150 staff in San Francisco, London, and Zurich. Much of the funding will go toward computing power.

Public Storage Operating Company priced a $500 million offering of 5.600% senior notes due November 15, 2036, according to a filing dated October 29, 2026. The notes are guaranteed by Public Storage (NYSE: PSA). The notes were priced at 98.293% of principal, for a yield of 5.827%. That is 83 basis points over the 4.625% Treasury due August 15, 2036. The underwriting discount is 0.450%. Interest is payable twice a year, starting May 15, 2027. The company can redeem the notes at par on or after August 15, 2036, or earlier under a make-whole provision. BofA Securities, BNP Paribas Securities, and Morgan Stanley led the deal. Settlement is set for November 6, 2026.

An investor has announced a backing of Solink, an AI vision intelligence platform that turns existing security camera feeds into real-time operational insights for multi-location businesses. The source gives no funding amount. Many retailers, restaurants, and warehouses have camera systems that are used mostly for manual, after-the-fact review and sit apart from point-of-sale, inventory, and management systems. Solink links camera feeds with that data to surface issues as they happen. Businesses can search video, combat loss, monitor compliance, and spot ways to improve performance across thousands of locations from one interface. They do not need to replace their existing cameras. The investor sees Solink as part of a wider shift of AI closer to where businesses and customers operate.