Bezos Seeks $100 Billion to Use AI in Manufacturing, WSJ Says

Amazon.com Inc. founder Jeff Bezos is in talks to raise $100 billion for a fund to acquire manufacturing companies and infuse them with artificial intelligence, the Wall Street Journal reported.

Bezos in recent months has met with large asset managers to raise money for the project, including during trips to the Middle East and Singapore, the newspaper reported, citing people familiar with the efforts and investor documents. A spokesperson for Bezos didn’t immediately reply to messages seeking comment.