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AI & Enterprise

LG CNS joins global AI materials alliance, backs AX for South Korean firms

LG CNS said on July 27 it was selected as a founding member of the AI Materials Foundry, a global materials development collaboration led by British AI startup CuspAI. The alliance includes 48 companies and research institutes including Nvidia, Meta, AMD, 3M and Merck. LG CNS will oversee the platform’s introduction and operations in South Korea, supporting data integration, result interpretation, and platform deployment and maintenance for firms developing new materials.

Telecommunications & Media

Amazon Prime Video pushes AI-led overhaul, boosting recommendations and voice search

Amazon is overhauling Prime Video to make it a core platform for showcasing the company’s artificial intelligence capabilities. Bloomberg reported that Jeff Bezos asked Prime Video chief Mike Hopkins to put AI and personalization features at the centre of the redesign. The project, code-named Lighthouse, aims to strengthen Amazon’s AI competitiveness. The changes include new recommendation and discovery features, voice responses and an updated home screen.

AI & Enterprise

Bezos also bets as CuspAI teams up with Nvidia to find new materials for AI chips

British AI startup CuspAI has raised $450 million and will work with Nvidia to discover new materials for next-generation semiconductors. CNBC reported the funding values CuspAI at $2.6 billion, with investors including Jeff Bezos’ Bezos Expeditions, Kleiner Perkins and others. CuspAI launched an AI Materials Foundry to link data, labs and computing resources. Nvidia will provide accelerated computing infrastructure, and Meta’s fundamental AI research group will also participate.