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Jeff Bezos, the founder of Amazon.com AMZN and the UK government have invested a substantial amount in the British startup CuspAI.
CuspAI, on Monday, declared a collaboration with Nvidia Corp. NVDA and several other industry leaders. The startup aims to make advancements in semiconductors, clean energy, and advanced manufacturing. The funding round, which raised $450 million and valued CuspAI at $2.6 billion, was led by Kleiner Perkins and NEA, with investment coming through Bezos Expeditions, as well as the British government’s sovereign AI fund.
The company has launched the AI Materials Foundry, a coalition of more than 45 technology, industrial, and research organizations including Meta Platforms Inc‘s META Fundamental AI Research Team, to use AI for discovering and developing new materials for chipmakers and other industries. The initiative aims to accelerate research while reducing or eliminating reliance on rare metals such as iridium and ruthenium in semiconductor supply chains.
Bezos Expands AI Investments
Bezos’ investment in CuspAI follows his earlier backing of Prometheus, another AI venture, which raised $12 billion in a Series B funding round in June 2026, valuing the company at $41 billion. Prometheus aims to apply AI to the early stages of manufacturing work, including prototyping and the tuning of equipment and workflows before full-scale production.
The billionaire has been vocal about his belief in the potential of AI. Earlier this month, he expressed his view that AI would not make humans redundant but would instead create a labor shortage.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors
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This article Jeff Bezos Backs $2.6 Billion AI Startup Teaming Up With Nvidia and Meta to Tackle One of the Chip Industry’s Biggest Challenges originally appeared on Benzinga.com.
