Bezos, others invest in Temasek-backed AI startup CuspAI for chip material discovery

Published Jul 20, 06:37 AM UTC

CuspAI, a Temasek-backed artificial intelligence startup, has raised US$450 million in Series B financing from investors including Jeff Bezos. The company aims to use AI to discover new materials for semiconductor chip manufacturing, with a focus on reducing the industry's reliance on rare metals that pose supply chain risks. Much of the funding will support labs with foundry partners in Cambridge, Silicon Valley, and other locations. The initiative addresses critical vulnerabilities in the global chip supply chain by seeking alternative materials that are more abundant and geopolitically stable.