The Amazon.com founder has been engaging with leading global asset managers to secure backing for the initiative and traveled to the Middle East in recent months to meet with sovereign wealth representatives, the Journal said. Investor documents describe the proposed fund as a “manufacturing transformation vehicle,” with potential targets spanning key industries such as semiconductor production, defense, and aerospace.
The new venture builds on Bezos’ broader ambitions in AI-enabled industrial innovation. Last year, the New York Times reported that he would serve as co-CEO of a startup called Project Prometheus, focused on applying AI to engineering and the production of computers, automobiles, and spacecraft.
Project Prometheus is independently seeking up to $6 billion in funding, according to sources cited by the Wall Street Journal, and recently added David Limp to its board of directors. Late last year, the project raised $6.2 billion, as reported by the Financial Times in February.
Bezos was not immediately available for comment. Project Prometheus co-founders Sherjil Ozair and William Guss did not respond to requests for comment on LinkedIn.
If successful, the proposed $100 billion fund could become one of the largest private-sector bets on combining AI with industrial manufacturing, potentially reshaping sectors from aerospace to semiconductors.