Jeff Bezos is reportedly gearing up for a significant financial push, aiming to amass an astonishing $100 billion for a venture focused on acquiring and modernizing industrial firms using artificial intelligence. According to sources cited by The Wall Street Journal, the ambitious plan ties into his AI startup, Project Prometheus.

This new fund aligns with Bezos’ broader vision to leverage advanced AI models to enhance manufacturing and engineering in sectors such as aerospace, automotive, and defense. The effort is being co-led by Bezos alongside Vik Bajaj, a former Google executive appointed as co-founder and co-CEO of Prometheus.

Launched with an initial $6.2 billion investment, Project Prometheus has been quietly building its capabilities in creating high-level AI solutions. With this new fund, the plan is to accelerate the process by acquiring companies that can then implement these models across their operations, driving innovation and efficiency.

Bezos recently traveled extensively to Singapore and the Middle East to secure funding for his ambitious project, underscoring the global scope of his initiative. Aerospace, chipmaking, and defense are among the key sectors he plans to target with this transformative investment.

Amazon has not yet commented on these reports, but TechCrunch remains in touch for more details. As Bezos continues to chart a new course beyond Amazon into cutting-edge technology, the potential impact of his fund could reshape entire industries and redefine the landscape of industrial automation.