Jeff Bezos wants to buy manufacturers for a disturbing reason

Jeff Bezos is in early talks to raise a $100 billion fund that would acquire manufacturing companies and use artificial intelligence to automate their operations, the Wall Street Journal reported March 19. The fund would be one of the largest of its kind ever assembled, rivaling SoftBank's Vision Fund in scale. Bezos has spent recent months meeting with major asset managers to secure backing, including trips to the Middle East, where he pitched sovereign wealth funds, and to Singapore. Talks are still at ...