Google just reported $62.6 BILLION in quarterly profit…
but HALF came from a $37.7B 'paper gain' on private investments in companies like SpaceX and Anthropic.
The reason their VC funding team is top-tier
The largest buyout fund in history raised $28 billion. Jeff Bezos is reportedly raising $100 billion, more than 3x that record, to buy manufacturing companies and automate them with AI.
The Wall Street Journal broke the story today. Bezos has been meeting sovereign wealth fund managers (government-owned investment pools in the Middle East and Singapore), pitching what investor documents call a "manufacturing transformation vehicle." The targets: chipmaking, defense, and aerospace.
The money flows through Project Prometheus, the AI startup Bezos co-founded in November 2025 with physicist Vik Bajaj, formerly of Google X. Prometheus launched with $6.2 billion and over 120 employees poached from OpenAI, DeepMind, and Meta. The company says it builds "AI for the physical economy," meaning AI that learns from real-world environments and physical materials, not just text and images. Prometheus is the brain. The $100 billion fund is the body.
Bezos is worth about $234 billion. This fund would represent roughly 43% of his entire fortune. Most of the capital would come from outside investors, but there is only one precedent at this size: SoftBank's Vision Fund, which also raised $100 billion in 2017 ($45 billion from Saudi Arabia's sovereign fund, $15 billion from Abu Dhabi). That fund posted a $32 billion loss in a single year. Masayoshi Son publicly said he was "embarrassed" and "ashamed" of the results.
U.S. manufacturing is a $3 trillion sector with 113 million workers. Its share of GDP has dropped from 11% in 2012 to 9% today. The bet is that AI can reverse that decline by making factories radically more productive.
Just last week, Travis Kalanick (former Uber CEO) came out of 8 years of stealth to launch Atoms, a robotics company targeting factory automation. Multiple billionaires are converging on "physical AI" this month. Bezos is just doing it with a checkbook 3x the size of anything the buyout industry has ever seen.
THIS IS GOLD:
New #Texans guard Wyatt Teller’s wife posted a video showing Wyatt celebrating signing with Houston on a multi-year deal.
Teller immediately put on his boots and put on some George Strait music.
A true Texan already 🤣🤣🤣
https://t.co/CcMgsgkMxw
pov: last 2 weeks of Anthropic
> anthropic caused IBM its worst single-day decline since October 2000
> cybersecurity shares slid about 20%
> over $100 billion in market cap wiped out across multiple industries
> anthropic says NO to US Pentagon's "final offer"
> Trump bans anthropic's technology in US government
a lot can be achieved in just 2 weeks!
AT&T paid $85.4B for Warner Bros. and failed to create value.
Disney paid $71.3B for Fox and has struggled to consistently wring value out of it.
Discovery paid $43B for Warner Bros. and failed to create value.
Paramount will pay $111B for Warner Bros...