google.com, pub-8701563775261122, DIRECT, f08c47fec0942fa0
USA

Bezos backs CuspAI as startup hunts for new chip materials with Nvidia

Jeff Bezos has invested in British startup CuspAI, which announced its partnership on Monday. Nvidia and several other industry leaders pursuing breakthroughs in semiconductors, clean energy and advanced manufacturing.

The $450 million fundraising, which values ​​CuspAI at $2.6 billion, was led by Kleiner Perkins and the NEA, with significant participation from Jeff Bezos’ Bezos Expeditions. Other 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, narrowing down a multitude of possibilities for laboratory testing.

“Most big leaps in technology rely on materials, and the next set, from cheaper carbon capture to semiconductors to cleaner water, are stuck waiting for materials no one has discovered yet,” Josh Coyne, partner at Kleiner Perkins, said in a statement. he said. “CuspAI has developed a search engine that changes this.”

Building the physical future of artificial intelligence

Select CNBC as your preferred source on Google and never miss a beat from the most trusted name in business news.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button