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Bezos-Backed Startup Tackles Chip Material Shortages with AI

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AMZN NVDA
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A $2.6 billion AI startup called CuspAI has raised $450 million in funding from investors, including Amazon founder Jeff Bezos' private venture fund.

CuspAI's technology uses artificial intelligence to discover new materials for computer chips, which is a crucial bottleneck in the industry due to shortages of gallium and other key elements.

The company has partnered with Nvidia and Meta on this project, which could potentially provide cost-effective alternatives to these expensive elements.

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