Bezos Pursues $100 Billion Fund for AI-Driven Manufacturing
Jeff Bezos is reportedly in early discussions to raise $100 billion for a new fund focused on acquiring manufacturing companies. The initiative aims to integrate artificial intelligence to accelerate automation within these firms.
The fund, potentially one of the world’s largest – matching SoftBank’s $100 billion Vision Fund – would operate in conjunction with Bezos’s A.I. startup, Project Prometheus.
Bezos has been actively fundraising for the project, traveling to locations including the Middle East and Singapore. The project centers around revamping industrial firms with new AI technology.