27 april 2026 · 14:50

Project Prometheus London Hub: Bezos Bets on Physical AI

Jeff Bezos's AI lab Project Prometheus is taking space in London's King's Cross after closing a $10 billion funding round, becoming the latest frontier lab to bet on physical AI for engineering and manufacturing. In today's episode we trace what that means for European industrial competitiveness, examine why Meta and Microsoft are cutting thousands of jobs to pay for hundred-billion-dollar AI capex, and cover China's record chip imports, the power-equipment bottleneck slowing data centre build-out, and Ant International's privacy-preserving payments milestone. This is The State of Tech, The European Edition, Monday 27 April 2026.