Bezos, others invest in Temasek-backed AI startup CuspAI, raising $450 million

Published Jul 20, 06:37 AM UTC

CuspAI, an AI startup backed by Temasek, has raised US$450 million in Series B financing from investors including Jeff Bezos. The company aims to use artificial intelligence to discover new materials for chipmaking, specifically to reduce the industry's reliance on rare metals that pose supply chain risks. Much of the funding will go to labs with foundry partners in Cambridge, Singapore, and the San Francisco Bay Area. The investment highlights growing interest in AI-driven materials science to address critical vulnerabilities in semiconductor supply chains.