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Sun Valley, Idaho — Jeff Bezos, known for his lavish acquisitions, such as a $165 million estate in Los Angeles and a $500 million yacht, is now making major inroads into artificial intelligence through his family office, Bezos Expeditions.
According to exclusive data from FINTRX, a private wealth intelligence platform, every investment made by Bezos Expeditions this year has been in artificial intelligence. While exact amounts were not disclosed, Bezos Expeditions has participated in funding rounds totaling more than $1 billion.
In January, Bezos invested in Perplexity AI, an AI search engine company, in his $73.6 million Series B round and followed up with a $63 million investment in April. The company’s valuation is expected to rise to between $2.5 billion and $3 billion by April.
In February, Bezos Expeditions contributed a $675 million venture round to Figure AI, a humanoid robot company also backed by Nvidia and Microsoft. Most recently, in July, the family office invested $300 million in a Series A round for Skild AI, a company that develops artificial intelligence systems for robotic machines and devices.
Bezos Expeditions has historically invested heavily in technology, with 70% of its investments in the sector. Consumer goods, financial services, and manufacturing follow at 16% and 13%, respectively. However, artificial intelligence has now become the primary focus.
In a January podcast interview, Bezos described AI tools as “discoveries” with the potential to bring great benefits to humanity. “These powerful tools are much more likely to help us and save us than to disrupt us, harm us, and destroy us,” he said.
Bezos isn’t alone in this investment trend. The UBS Global Family Office Report shows that AI is now the top investment category for family offices, with 78% planning to invest in AI in the next two to three years.
Amazon, the tech giant founded by Bezos, also plans to invest heavily in artificial intelligence. The company has committed more than $100 billion to data centers over the next decade and has invested $4 billion in AI research and security firm Anthropic.
Bezos recently announced a plan to sell another $5 billion in Amazon stock this year, on top of the $8 billion he previously sold, raising more than $13 billion in cash to invest further in the AI boom.
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