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News about Jeff Bezos

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  • Jeff Bezos Says He Agrees With Trump On Calling Al 'Super Intelligence' — 'Artificial Is Not A Very Flattering Thing. Nobody Wants An Artificial Sweetener’

    Amazon and Blue Origin founder Jeff Bezos says he agrees with President Donald Trump that the word “artificial” is unflattering, and he prefers the term “Super Intelligence” (SI), though changing the name of AI would take a long time. He expects AI to bring major productivity gains that could let some households work three days a week, and he disagrees with predictions of widespread job losses. Bezos also calls the current AI investment boom a potentially “good” industrial bubble, since useful inventions stay valuable even if some investors lose money. Through Prometheus, the AI startup he co-founded and co-leads with Vik Bajaj, the company is developing an “artificial general engineer” to speed up engineering and manufacturing, after raising $12 billion at a valuation of roughly $41 billion.

    Yahoo Finance·Jeff Bezosartificial intelligenceDonald Trump
  • Charles Gasparino Defends Jeff Bezos, Elon Musk — Says America Needs 'More Bezos' and a Tax System That Rewards Risk-Taking

    Fox News host Charles Gasparino responded to Jeff Bezos' remark that 'success is not villainy,' arguing that the U.S. tax system should encourage entrepreneurs to take risks and that America needs more people like Bezos and Elon Musk. He said political criticism of wealthy business leaders has pushed some entrepreneurs toward free-market principles. In the tax debate, former Labor Secretary Robert Reich argued that raising Bezos' income taxes would raise nothing in years he paid no federal income tax, while a wealth tax could target accumulated wealth. Federal Reserve data showed inflation-adjusted median wealth rose 19% for the richest 10% of households between 2022 and 2025, while it fell 56% for the poorest 25%.

    Yahoo Finance·Jeff BezosElon Musktaxes
  • Jeff Bezos Could Take Blue Origin Public. Amazon Investors Just Got a New Space Question

    Jeff Bezos said Blue Origin will likely go public in several years, after the rocket company raised $10 billion from outside investors for the first time at a reported valuation of $140 billion. Bezos has personally invested about $28 billion in Blue Origin since its launch in 2000. An IPO would give the company access to public-market capital rather than relying mainly on Bezos’ wealth. For Amazon shareholders, it could separate Bezos’ space spending from his Amazon holdings, although the two companies have commercial ties, including New Glenn launch contracts for Amazon Leo satellite broadband. Bezos also said New Glenn will fly again in December after an earlier launch-pad setback this year.

    Yahoo Finance·• AMZNAmazonIPOJeff Bezos
  • Jeff Bezos Says We Went To The Moon In 1969, But If It Was So Easy Then Why Is It So Hard Now? ‘We Spent 3% of GDP…It Was Very Expensive’

    Jeff Bezos, founder of Amazon and Blue Origin, told Fox News that the 1969 Moon landing cost almost 3% of GDP, which helps explain why returning has been hard. He wants the next phase to be a lower-cost, sustainable lunar base rather than brief missions, and describes the Moon as a steppingstone about a three-day journey from Earth with resources for solar cells and rocket propellant. Bezos said he has personally invested $28 billion in Blue Origin since founding it in 2000, and the company recently raised $10 billion from outside investors for the first time. He expects Blue Origin to eventually have an IPO, though probably a few years later. The article also notes SpaceX completed its IPO in June.

    Yahoo Finance·Jeff BezosIPOSpaceX

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