June 17, 2026

Jeff Bezos is backing a two-year-old Cambridge AI lab at a $2.6bn valuation

A group of people sitting around a white table
Ninthgrid / Unsplash

Jeff Bezos appears to have settled on his AI thesis, and it is not chatbots. It is the physical world. CuspAI, a two-year-old Cambridge startup that uses AI to design new materials, is in talks to raise about $400mn at a $2.6bn valuation, the Financi...