BEZOS SEEKS $10B FOR NEW AI LAB: FT

Bezos has been in discussions with potential investors to back the AI lab initiative, sources told the FT. The funding would represent one of the largest single investments in a new AI venture. The lab's focus and timeline remain unclear, though it signals Bezos's continued interest in emerging technologies beyond his e-commerce and cloud computing empire. Amazon Web Services already operates substantial AI and machine learning operations. The move arrives as major tech figures escalate AI investments. OpenAI, Anthropic, and other AI companies have secured billions in recent funding rounds as competition in the sector intensifies. Bezos stepped down as Amazon CEO in 2021 to focus on Blue Origin and philanthropic efforts, freeing capacity for new projects. A formal announcement on the AI lab has not yet been made.