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Chronicles

The story behind the story

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Sources: Jeff Bezos is in talks to raise $100B for a fund that would buy companies in industrial sectors such as chipmaking and defense and revamp them with AI

Amazon.com founder has traveled to Middle East, Singapore in fundraising effort linked to Project Prometheus AI startup

Wall Street Journal

Discussion

  • @danprimack Dan Primack on x
    You don't need $100 billion to buy manufacturing companies.
  • @peark.es George Pearkes on bluesky
    Bezos is doing some sort of AI-powered-PE deal?  Seems bad.  —  Anyhow why this dude isn't just lying on a beach drinking daiquiris is beyond me, there have to be easier ways to entertain yourself than 12 figure startups.
  • r/Economics r on reddit
    Jeff Bezos in Talks to Raise $100 Billion for AI Manufacturing Fund
  • @kylekulinski @kylekulinski on x
    The Epstein class is literally trying to take everyone's job and leave people to suffer and die with absolutely nothing. Billionaires are a national security threat and need to be dealt with accordingly.
  • @dieworkwear Derek Guy on x
    This is the future people like @matthewstoller and @SohrabAhmari see for reshoring US manufacturing. It's reshoring in name only, as it does not create good paying jobs for regular people.
  • @mattklewis Matt Lewis on x
    This must be part of Trump's plan to “re-industrialize” the rust belt.
  • @berniesanders Bernie Sanders on x
    Jeff Bezos, worth $234 billion, plans to replace 600,000 Amazon workers with robots. Now, he wants to spend $100 billion to fully automate not just his warehouses, but factories in the U.S & other countries. Oligarchs are waging all out war against workers. FIGHT BACK.
  • @anton_d_leicht Anton Leicht on x
    this is a nightmare scenario: AI-aware foreign investors realise the value of manufacturing assets earlier than middle powers do. they'll buy it all, gvts think they're getting a great deal, and realise years later they gave away the assets that would've kept them live players.
  • @rushdoshi Rush Doshi on x
    Is Jeff Bezos reindustrialization-pilled? One can hope.
  • @beffjezos @beffjezos on x
    Absolutely bullish. It's time to accelerate in the world of atoms 🏭/acc
  • @realjimchanos James Chanos on x
    Why wouldn't he do this under the $AMZN umbrella, like he did with AWS?
  • @bryce Bryce Roberts on x
    B16Zos absolutely mogging these $10B VCs...
  • r/technology r on reddit
    Exclusive |  Jeff Bezos in Talks to Raise $100 Billion for AI Manufacturing Fund