Jeff Bezos is reportedly seeking $100 billion for a new fund, the likes of which will be used to buy up companies in major industrial sectors and, ultimately, modernize and automate them with AI, according to sources cited by The Wall Street Journal.
The effort is related to Bezos’ AI startup, Project Prometheus. Bezos, whose involvement with the company was originally reported in November, is serving as co-founder and co-CEO, alongside former Google executive Vik Bajaj.
Originally reported by TechCrunch
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