Article 773MW Jeff Bezos and UK government invest in £2bn British startup CuspAI

Jeff Bezos and UK government invest in £2bn British startup CuspAI

by
Mark Sweney
from on (#773MW)

Company aims to develop AI software that cuts research times and use of rare metals in chipmakers' supply chains

Amazon's founder, Jeff Bezos, and the UK government have invested in a 2bn British artificial intelligence startup that is aiming to become the search engine for rare materials" that accelerates the next wave of technological breakthroughs.

The Cambridge-based CuspAI has raised $450m (330m) in funding from investors including Bezos and the government's sovereign AI fund, valuing the two-year-old business at $2.6bn.

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