Sources: Jeff Bezos is investing in Cambridge, UK-Based CuspAI, which applies generative AI to material sciences, as part of a $400M round at a $2.6B valuation (Tim Bradshaw/Financial Times)

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CuspAI is raising $400M at a $2.6B valuation to expand generative AI for materials discovery.

Categories: Money & Moves

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<a href="https://www.ft.com/content/4c479227-567c-435e-a4d3-795dd957b347"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260617/i4.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260617/p4#a260617p4" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Tim Bradshaw / <a href="https://www.ft.com/">Financial Times</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.ft.com/content/4c479227-567c-435e-a4d3-795dd957b347">Sources: Jeff Bezos is investing in Cambridge, UK-Based CuspAI, which applies generative AI to material sciences, as part of a $400M round at a $2.6B valuation</a></b></span>&nbsp; &mdash;&nbsp; New financing will more than quadruple the two-year-old AI company's valuation to $2.6bn&nbsp; &mdash;&nbsp; Jeff Bezos is investing in UK start &hellip; </p>

Read at source: https://www.techmeme.com/260617/p4#a260617p4