Jaden Schaefer

It's kind of an interesting strategy if you think about it.

According to the Wall Street Journal, Bezos was recently traveling to Singapore in the Middle East as he was trying to raise funds for this effort.

And I think right now his plan is to acquire companies in areas like aerospace, chip making and defense.

And it's an interesting strategy, right?

He's literally acquiring companies that would be customers.

And so instead of having to go find customers to use his product, he goes, acquires the company and then puts his AI inside of those.

It's kind of a fascinating strategy.

And I guess he wants to raise $100 billion to go and do this, which is interesting because Project Prometheus initially launched with $6.2 billion in funding.

So the software company has only raised $6.2 billion in funding, but he's trying to raise a new fund of $100 billion just for the acquisition of the companies that will be powered by this.

So

Really fascinating story.

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Welcome to the podcast.

I'm your host, Jaden Schaefer.

Today on the podcast, we're covering the top four AI news stories happening today.