Jeff Bezos is in talks to raise $100 billion for a new fund that aims to use AI technology to accelerate manufacturing companies’ path to automation. The Amazon founder will meet with top asset managers and sovereign wealth representatives from the Middle East and Asia. This comes after his recent visits to discuss the project, showcasing Bezos’ efforts to invest heavily in the region’s economies.
Source: https://www.wsj.com/tech/jeff-bezos-aims-to-raise-100-billion-to-buy-revamp-manufacturing-firms-with-ai-618a3cfe