Marcus SchulerBezos is pitching sovereign wealth funds on a $100 billion vehicle to acquire chipmakers, defense contractors, and aerospace firms, then integrate AI from his startup Project Prometheus. JPMorgan and Abu Dhabi are in early talks. The fund would match SoftBank's Vision Fund in scale while targeting physical systems automation rather than chatbot-style AI. Workforce displacement concerns mount as the plan takes shape.
Bezos Seeks $100B Fund to Buy Manufacturers, Retool With AI
Jeff Bezos is pitching sovereign wealth funds on a $100 billion vehicle to buy chipmakers, defense contractors, and aerospace firms, then retool them with AI from his startup Project Prometheus. JPMorgan and Abu Dhabi are in early talks. The workforce question looms large.