Jeff Bezos Reportedly Seeks $100 Billion To Supercharge AI-Driven Automation, Bernie Sanders Says 'Oligarchs Waging All Out War Against Workers' - Amazon (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG)
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Published on March 20, 2026.
Amazon.com founder, Jeff Bezos, is reportedly in discussions with major global investors to raise up to $100 billion for a new fund aimed at acquiring manufacturing companies and accelerating their shift towards automation using artificial intelligence. The strategy involves Project Prometheus, a startup where Bezos serves as co-CEO, developing AI systems capable of simulating real-world physical environments. This comes amid reports that Amazon is increasingly relying on robotics to streamline warehouse operations. Bernie Sanders criticised the plans, accusing Bezos of planning to replace 600,000 Amazon workers with robots.
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