NEW YORK — U.S. billionaire Jeff Bezos is holding preliminary discussions to raise up to $100 billion for a new investment fund aimed at acquiring manufacturing companies and accelerating automation through artificial intelligence, according to a report by The Wall Street Journal.
The founder of Amazon has reportedly engaged with some of the world’s largest asset managers to secure funding for the initiative, which is still in its early stages.
Bezos is also said to have traveled to the Middle East several months ago to discuss the proposed fund with representatives of sovereign wealth funds in the region, signaling an effort to tap into deep pools of capital for the ambitious initiative.
The fund is described as a vehicle to transform the manufacturing sector, with a focus on investing in companies across strategic industries such as semiconductors, defense, and space.
If realized, the scale and focus of the fund suggest a broader push to integrate AI-driven automation into core industrial systems, potentially reshaping global supply chains and competitive dynamics.