Jeff Bezos aims to raise $100 billion to buy, revamp manufacturing firms with AI, WSJ reports
Yahoo Finance·2026-03-19 19:25
March 19 (Reuters) - Jeff Bezos is in early discussions to raise $100 billion for a new fund that would acquire manufacturing companies and seek to use AI to drive and speed up automation, the Wall Street Journal reported on Thursday. * The Amazon.com founder is holding talks with some of theworld's biggest asset managers to secure funding for theproject, WSJ said. * Bezos traveled to the Middle East to discuss the new fundwith sovereign wealth representatives in the region a few monthsago, accordin ...