A resurfaced video making the rounds on X shows a pre-famous Jeff Bezos explaining in 1997 why he founded Amazon—namely, a “startling statistic” he came across that web usage was growing at 2,300% a year. Riding that wave by starting an online retailer made sense, he thought.
Now the billionaire is making another bet on the wave of artificial intelligence, in a sector that will directly take on Google. Bezos isn’t the only major tech investor, either.
