{"id":814146,"date":"2026-07-20T12:45:09","date_gmt":"2026-07-20T12:45:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/814146\/"},"modified":"2026-07-20T12:45:09","modified_gmt":"2026-07-20T12:45:09","slug":"bezos-backs-cuspai-as-startup-hunts-for-new-chip-materials-with-nvidia","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/814146\/","title":{"rendered":"Bezos backs CuspAI as startup hunts for new chip materials with Nvidia"},"content":{"rendered":"

Jeff Bezos<\/a> has invested in CuspAI, a British startup which on Monday unveiled a partnership with Nvidia<\/a> and a number of other industry leaders as it hunts for breakthroughs in semiconductors, clean energy and advanced manufacturing. <\/p>\n

The $450 million fundraise, which values CuspAI at $2.6 billion, was led by Kleiner Perkins and NEA, with significant participation from Jeff Bezos’ Bezos Expeditions. Additional new investors include Glade Brook Capital Partners, Lux Capital, AMD<\/a> Ventures, and Britain’s Sovereign AI Venture Fund.<\/p>\n

CuspAI uses artificial intelligence to simulate the performance of novel materials, narrowing the huge number of possibilities for laboratory testing. <\/p>\n

“Most big leaps in technology come down to a material, and the next set, from cheaper carbon capture to semiconductors and cleaner water, is stuck waiting on materials nobody has discovered yet,” Josh Coyne, partner at Kleiner Perkins, said in a statement. “CuspAI built a search engine that changes that.”<\/p>\n

Building AI’s physical future<\/p>\n

CuspAI is one of a new wave of AI companies looking to apply the technology to the physical world. <\/p>\n

Bezos’ own company Prometheus, which was founded in 2025 and has raised $12 billion at a $41 billion valuation, is creating AI for invention and physical engineering.<\/a><\/p>\n

The Britain-based CuspAI is opening a new office in Singapore and growing teams in the U.K., the Netherlands, Germany, Japan and the U.S. <\/p>\n

The startup has also launched what it’s calling an “AI Materials Foundry,” a network of data, labs, compute and scientific expertise running on CuspAI’s AI platform. <\/p>\n

Nvidia is among the 45 organizations that will provide the compute infrastructure. Meta’s<\/a> Fundamental AI Research Team is also joining the initiative.<\/p>\n

“As AI transforms the physical world, new materials will open up new frontiers across semiconductors, energy and advanced manufacturing,” Chad Edwards, CEO and cofounder, CuspAI, said. <\/p>\n

“The AI Materials Foundry brings NVIDIA accelerated computing infrastructure together with world-class chemistry and materials expertise to help power the next generation of materials discovery.”<\/p>\n

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Jeff Bezos has invested in CuspAI, a British startup which on Monday unveiled a partnership with Nvidia and…\n","protected":false},"author":2,"featured_media":814147,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[27605,62,7174,276,277,2158,161,49,48,90,15850,1369,61],"class_list":["post-814146","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-advanced-micro-devices-inc","tag-ai","tag-amazon-com-inc","tag-artificial-intelligence","tag-artificialintelligence","tag-breaking-news-technology","tag-business-news","tag-ca","tag-canada","tag-jeff-bezos","tag-meta-platforms-inc","tag-nvidia-corp","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/814146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=814146"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/814146\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/814147"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=814146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=814146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=814146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}