Jeff Bezos Readies $100B Fund to Automate Manufacturing Companies: WSJ

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. ...