Jul. 21 at 12:28 AM
British startup CuspAI raised
$450 million at a
$2.6 billion valuation in a funding round backed by Jeff Bezos' Bezos Expeditions, Kleiner Perkins, NEA, AMD Ventures, and others. The company uses artificial intelligence to discover and simulate novel materials that could accelerate breakthroughs in semiconductors, clean energy, carbon capture, and advanced manufacturing. CuspAI is also expanding globally with a new office in Singapore and growing teams across Europe, Japan, and the United States.
Alongside the funding announcement, CuspAI launched its AI Materials Foundry, a collaborative platform that combines AI models, scientific expertise, laboratory capabilities, and high-performance computing to accelerate materials discovery. Nvidia is among 45 organizations providing computing infrastructure for the initiative, while Meta's Fundamental AI Research team is also participating.
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