Jeff Bezos is in early talks to raise USD 100bln for a new fund that would buy up manufacturing companies and seek to use AI technology to accelerate their path to automation, WSJ reports

Jeff Bezos is reportedly exploring the establishment of a new fund aimed at acquiring manufacturing companies with a focus on integrating AI technology for automation. This could signal a strategic shift towards increased investment in advanced manufacturing and AI, potentially influencing market dynamics in sectors such as tech and industrials, while also providing a boost to equities related to automation solutions.