Jeff Bezos Invests in CuspAI After $450 Million Fundraise

According to CNBC, Jeff Bezos has invested in British startup CuspAI, which on Monday unveiled a partnership with Nvidia and other industry leaders as it seeks breakthroughs in semiconductors, clean energy and advanced manufacturing. The company raised $450 million at a $2.6 billion valuation in a round led by Kleiner Perkins and NEA, with participation from Bezos Expeditions. Additional new investors include Glade Brook Capital Partners, Lux Capital, AMD Ventures and Britain's Sovereign AI Venture Fund. CuspAI uses artificial intelligence to simulate the performance of new materials and narrow the range of candidates for lab testing. The startup is opening a new office in Singapore and expanding teams in the U.K., the Netherlands, Germany, Japan and the U.S. It also launched an AI Materials Foundry, a network of data, labs, compute and scientific expertise on its AI platform. Nvidia is among 45 organizations providing compute infrastructure, and Meta's Fundamental AI Research Team is joining the initiative.