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International Business Times UK
International Business Times UK
Briane Nebria

'China Controls 99%': Jeff Bezos Backs $2.6bn AI Startup as Chipmakers Face Gallium Shortage

Jeff Bezos has invested in Cambridge start-up CuspAI, a $2.6 billion AI firm working with Nvidia and Meta to tackle looming shortages of critical chip materials such as gallium. (Credit: Jeff Bezos/Instagram)

Jeff Bezos has thrown his weight behind a $2.6 billion British artificial intelligence start-up in Cambridge that is working with Nvidia and Meta to tackle a looming shortage of key materials for computer chips, according to company announcements on 20 July.

The Amazon founder, through his investment firm Bezos Expeditions, has backed CuspAI, whose software is being pitched as a way to help chipmakers find alternatives to critical elements such as gallium, most of which is currently refined in China.

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