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AI & Enterprise

Industrial AI startup Prometheus raises $12 billion at $41 billion valuation

Industrial AI startup Prometheus, led by Amazon founder Jeff Bezos and former Google executive Vik Bajaj, raised $12 billion in a Series B round at a $41 billion valuation, Axios reported. The company plans to use the funds to redesign how physical products are manufactured, from jet engines to medical devices and consumer electronics. Bezos said the company is building tools to sharply shorten engineering cycles. Prometheus focuses on AI-optimised pre-production processes.

Industry

Woowahan Cheongnyeondeul to distribute 700,000 bottles of water at Baemin B Mart to support riders during heatwave season

Woowahan Cheongnyeondeul, which handles logistics services for Delivery Minjok, will distribute 700,000 bottles of water free of charge at Baemin B Mart stores nationwide from June 15 to Sept. 20. The company said the move is part of its 2026 comprehensive heatwave response plan for riders and follows a safety and health workplace agreement signed in May with government agencies. It also plans cooling equipment at pickup zones.

Crypto

Bitcoin at crossroads as pullback mirrors pattern before 2022 eightfold surge

Bitcoin is showing a price structure similar to the 2022 bear market, an analysis said. Analyst TARA sees an ABC correction pattern and warned the current rebound could be a temporary relief rally, with further declines possible. He said confirmation would require a rebound to at least $72,800 that then turns into resistance, implying a roughly 17 percent rise from $61,900. He also cited the rapid final leg of declines in 2022 and did not give a target.