2 min learnMar 20, 2026 09:24 AM IST
Jeff Bezos is in early discussions to boost $100 billion for a brand new fund that may purchase manufacturing firms and search to make use of AI to drive and velocity up automation, the Wall Road Journal reported on Thursday.
The Amazon.com founder is holding talks with among the world’s greatest asset managers to safe funding for the venture, WSJ mentioned.
Bezos traveled to the Center East to focus on the new fund with sovereign wealth representatives within the area just a few months in the past, in accordance with the report.
Described in investor paperwork as a “manufacturing transformation car,” the fund goals to focus on firms in main industries comparable to chipmaking, protection, and aerospace, the Journal mentioned.
Final 12 months, The New York Instances reported that Bezos would function co-CEO of a brand new startup referred to as Undertaking Prometheus centered on AI for engineering and manufacturing computer systems, cars and spacecraft.
Undertaking Prometheus is individually in talks to boost as much as $6 billion in funding, WSJ mentioned, citing folks acquainted with the matter. It just lately named David Limp, Blue Origin’s CEO, to its board of administrators.
Undertaking Prometheus raised $6.2 billion late final 12 months, in accordance with a Monetary Instances report from February.
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Bezos couldn’t be instantly reached for remark. The venture’s co-founders, Sherjil Ozair and William Guss, didn’t reply to Reuters requests for touch upon LinkedIn.