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