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According to an exclusive report published in The Wall Street Journal, Amazon.com founder Jeff Bezos is raising $100B for a new investment fund that would purchase and automate manufacturing companies.
What's the Scoop?
- Automation Fund: According to The Wall Street Journal, "Jeff Bezos is in early talks to raise $100 billion for a new fund that would buy up manufacturing companies and seek to use AI technology to accelerate their path to automation." According to people familiar with the matter, the Amazon.com founder courted Middle Eastern sovereign wealth representatives "a few months ago" to invest, and "more recently" traveled to Singapore for fundraising purposes.
- Proxy Play: Bezos recently assumed the role of co-CEO at AI startup Project Prometheus, which raised $6.2B in funding from investors (including Bezos). According to WSJ, Bezos plans on utilizing the startup's technology to enhance the efficiency and profitability of businesses owned by his investment fund.
Breaking: Jeff Bezos is in talks to raise $100 billion for a new fund that would buy manufacturing companies and use AI to automate them https://t.co/bBjxEelixr
— The Wall Street Journal (@WSJ) March 19, 2026
