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💰 MoneyJuly 20, 2026

Jeff Bezos and UK government invest in £2bn British startup CuspAI

Company aims to develop AI software that cuts research times and use of rare metals in chipmakers’ supply chains Business live – latest updates Amazon’s founder, Jeff Bezos, and the UK government have invested in a £2bn British artificial intelligence startup that is aiming to become the “search engine for rare materials” that accelerates the next wave of technological breakthroughs. The Cambridge-based CuspAI has raised $450m (£330m) in funding from investors including Bezos and the government’s sovereign AI fund, valuing the two-year-old business at $2.6bn. Continue reading...

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https://www.theguardian.com/technology/2026/jul/20/jeff-bezos-uk-government-invest-in-2bn-british-startup-cuspai