Jeff Bezos' unprecedented plan

Jeff Bezos is in talks to raise $100 billion to create a fund that will acquire chip, defense, and aerospace companies, and then use AI to automate their operations.

Jeff Bezos is raising $100 billion to invest in AI. Photo: Bloomberg .

Jeff Bezos traveled to the Middle East to discuss with sovereign wealth funds in the region, before heading to Singapore to continue fundraising. The Amazon founder is meeting with some of the world's largest asset managers. According to investor documents, the fund is described as a "manufacturing transformation tool" and is large enough to compete with SoftBank's $100 billion Vision Fund, which focuses on the technology sector.

The technology platform for this fund comes from Project Prometheus, the AI ​​company where Bezos serves as co-CEO. This marks his first official leadership position at a technology company since stepping down as Amazon CEO in July 2021.

Prometheus builds AI systems capable of simulating how the physical world operates. This technology can calculate airflow around an aircraft wing or predict where a metal component will crack under pressure. According to investor documents, the company plans to sell its software tools for simulation and engineering design.

Bezos serves as co-CEO alongside Vik Bajaj, a Stanford School of Medicine professor and former co-founder of Google's life sciences division. Prometheus has recruited personnel from OpenAI and Google DeepMind, successfully raising $6.2 billion in investment capital last year. David Limp, CEO of Blue Origin, has just been appointed to the board of directors.

The overall plan is to use Prometheus' technology to increase the efficiency and profitability of the businesses the fund acquires. According to sources close to the matter, JPMorgan Chase is also in preliminary talks to support the project through its newly established Security and Resilience Initiative. The bank established a $10 billion fund for that initiative in December 2025 and hired Todd Combs, a former investment manager at Berkshire Hathaway, to lead it.

You may also like

Messi doesn't need a perfect curve to make his mark with his free-kick weapon.With his spectacular free-kick goal against Jordan, Lionel Messi once again reminded the world of one of the most dangerous players from the free-kick spot.

The contrasting number 7s of Messi and RonaldoWhile Lionel Messi set a record for scoring in 7 consecutive World Cup matches, Ronaldo had a disappointing record with no successful dribbles in his last 7 games.

Digital payment infrastructure aims for double-digit growth.VTV.vn - In the strategy for developing the digital economy, payment infrastructure is gradually being recognized as an essential component of the economy.

Bezos isn't the only one from the older generation of Silicon Valley leaders betting on industrial AI. Former Uber CEO Travis Kalanick announced the Atoms project with the ambition of transforming manufacturing using AI. Elon Musk is also pushing forward with plans for humanoid robots at Tesla.

Jeff Bezos is improving Amazon's performance through robotics and AI. Photo: Bloomberg .

The wave of AI automation in manufacturing is accelerating, though it is still in its early stages. Amazon, one of America's largest employers, is nearing the point where the number of robots equals the number of employees. Many companies have cited AI in layoffs over the past year, although some economists argue that overhiring during the pandemic also played a role.

Project Prometheus is expanding rapidly. The company leased 30,000 square feet (9,144 m2) of office space in the San Francisco financial district last year and is looking for new space that is at least twice that size.

"Recreating the physical world is a huge challenge. However, the pace of innovation in AI today is truly not to be underestimated," said Robert Nelsen, co-founder of ARCH Venture Partners and board member of Prometheus.

United States - Vietnam: Don't miss

Vietnam encourages US businesses to expand investment in high technology.On the morning of June 26th, at the Government Headquarters, Deputy Prime Minister Ho Quoc Dung received Mr. Jeff Place, Supply Chain Director of Coherent Group (USA). During the meeting, the Deputy Prime Minister affirmed that Vietnam encourages US businesses to expand investment, especially in high-tech, innovation, and semiconductor industries.

Encourage U.S. businesses to expand investment in high-tech sectors.Deputy Prime Minister Ho Quoc Dung said that Vietnam welcomes US businesses to continue expanding their operations in Vietnam, especially in high-tech industries and sectors with high added value.

Vietnam and the United States strengthen cooperation in addressing the consequences of war.VTV.vn - On June 22, General Secretary and President To Lam received Acting Secretary of the US Navy Hung Cao.

Source: https://znews.vn/jeff-bezos-dat-cuoc-vao-ai-post1636506.html