Sources: Jeff Bezos is in talks to raise $100B for a fund that would buy companies in industrial sectors like chipmaking and defense and automate them with AI
Amazon.com founder has traveled to Middle East, Singapore in fundraising effort linked to Project Prometheus AI startup
Wall Street Journal
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Discussion
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@jemillerbalt
Jayne Miller
on x
Jeff Bezos is expert at eliminating jobs. Amazon. The Post. Now manufacturing companies.
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@cernovich
@cernovich
on x
American needs to deindustrialize, you'll need AI + people to do this. Bezos handling the messaging on this poorly. (Understatement.) This reads like AI will be used to eliminate factory jobs. https://www.reuters.com/...
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@danprimack
Dan Primack
on x
You don't need $100 billion to buy manufacturing companies.
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@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.
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@aphysicist
Aaron Slodov
on x
i wonder if he realizes that a) this ultimately creates more jobs, b) we are a generation way from automating factories
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@dkthompson
Dan Thompson
on x
This is what they meant when they said they wanted to bring manufacturing back to America.
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@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.
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@chadwahl
Chad Wahlquist
on x
@pitdesi I bet they will have FDEs
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@joshuasteinman
Joshua Steinman
on x
For years I have been saying that re-shoring is a multi-trillion dollar opportunity. Incredibly pleased to see that @JeffBezos agrees!
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@rushdoshi
Rush Doshi
on x
Is Jeff Bezos reindustrialization-pilled? One can hope.
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@berber_jin1
Berber Jin
on x
scoop - Jeff Bezos is in early talks to raise $100 billion for a new mega-fund to buy manufacturing companies and juice them up with AI part of his new startup “project prometheus,” which is building physics-focused AI models https://www.wsj.com/...
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@gunnelswarren
Warren Gunnels
on x
Jeff Bezos, worth $234 billion, sailed on his $500 million yacht to his $55 million wedding in Italy to give his wife a $5 million ring because his tax rate is just 1.1%. Now he wants to spend $100 billion replacing workers in entire factories with robots. Tax the rich - NOW.
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@beffjezos
@beffjezos
on x
Absolutely bullish. It's time to accelerate in the world of atoms 🏭/acc
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@luke_metro
@luke_metro
on x
The narrative for AI x manufacturing really needs to be that almost all the American jobs have already been shipped overseas so we're replacing Chinese workers with American robots+technicians Otherwise we get ... this
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@gunnelswarren
Warren Gunnels
on x
Jeff Bezos-owned Washington Post: If we increase the minimum wage companies will replace workers with robots. Jeff Bezos: I'm gonna spend $100 billion to replace factory workers with robots in the U.S & the world. Fact: The $7.25 an hour minimum wage hasn't gone up in 17 years.
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@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.
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@joshkale
Josh Kale
on x
Jeff Bezos is raising more money than the GDP of entire countries to bet it all on a SINGLE idea: Automating The Physical World The most powerful people on earth are all shifting their focus from bits to atoms: - Jeff Bezos is raising $100 BILLION to buy factories and
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@mattklewis
Matt Lewis
on x
This must be part of Trump's plan to “re-industrialize” the rust belt.
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@realjimchanos
James Chanos
on x
Why wouldn't he do this under the $AMZN umbrella, like he did with AWS?
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@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.
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@bryce
Bryce Roberts
on x
B16Zos absolutely mogging these $10B VCs...
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@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.
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r/Economics
r
on reddit
Jeff Bezos in Talks to Raise $100 Billion for AI Manufacturing Fund
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r/technology
r
on reddit
Exclusive | Jeff Bezos in Talks to Raise $100 Billion for AI Manufacturing Fund
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r/wallstreetbets
r
on reddit
Jeff Bezos in Talks to Raise $100 Billion for AI Manufacturing Fund
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r/worldnews
r
on reddit
Jeff Bezos aims to raise $100 billion to buy, revamp manufacturing firms with AI, WSJ reports
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r/BasicIncome
r
on reddit
Jeff Bezos aims to raise $100 billion to buy, revamp manufacturing firms with AI, WSJ reports
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@moreperfectunion
@moreperfectunion
on bluesky
Jeff Bezos has begun the process of raising $100 billion for a new fund that would buy up manufacturing companies and then use AI to automate production. — www.reuters.com/business/ret...
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@mickeykuhns
Mickey Kuhns
on bluesky
Bezos is basically playing a real-life game of Factorio now. First he conquered the porch, now he's coming for the factory floor. “Automate everything” is just billionaire-speak for “I'm tired of seeing humans in my line of sight.” — www.reuters.com/business/ret...
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r/intelstock
r
on reddit
I'm afraid we're not included in this plan lads