Jeff Bezos, the founder of Amazon and one of the world’s wealthiest people, is throwing his money and time into an artificial intelligence startup that he will help manage as its co-CEO. The company,

According to the New York Times, former Amazon chief and current Blue Origin CEO Jeff Bezos is launching an AI startup called “Project Prometheus” and will serve as its co-chief executive.

The company is entering a crowded field of competitors focused on applying AI technology to physical tasks like robotics, drug design, and scientific discovery.