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

Jeff Bezos and the UK government have backed CuspAI, a two-year-old Cambridge startup developing AI software to accelerate the discovery of rare materials in chip manufacturing. The company has raised four hundred fifty million dollars, valuing it at two point six billion dollars. The Guardian reports that CuspAI positions itself as a 'search engine for rare materials,' aimed at cutting research times and reducing the use of rare metals in chipmakers' supply chains. The startup is drawing significant backing for what it sees as a critical infrastructure challenge.

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