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The Economic Times
The Economic Times

UK government, Jeff Bezos back CuspAI's $450 million round as startup seeks to discover new materials

CuspAI United States United Kingdom Meta Nvidia Semiconductor

Britain's CuspAI said on Monday it has raised $450 million ​from investors including the ​UK government and Amazon founder Jeff Bezos' investment ​fund, as the startup looks to discover brand-new materials that could advance important industries, including chips.

CuspAI also launched AI Materials Foundry, a coalition of more ‌than 45 ⁠companies, including ⁠chip designer Nvidia and social media firm Meta, to bring together computing ​resources needed for software that would help researchers develop new materials.

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