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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.

AI & Enterprise

Anthropic\'s Claude Fable 5 hit by U.S. export controls, adding uncertainty to global AI landscape

Anthropic faced U.S. export controls over insufficient safety measures soon after releasing its new Mythos-based AI model Claude Fable 5. The curbs block overseas access to Mythos 5 and Fable 5 except for U.S. nationals, triggering a strong backlash and potentially complicating Anthropic’s IPO push if prolonged. The move has heightened interest in sovereign and open-source AI models and intensified discussion of AI and geopolitics, while drawing attention to how Washington will respond to OpenAI’s next model.

AI & Enterprise

Industrial AI startup Prometheus raises $12 billion at $41 billion valuation

Industrial AI startup Prometheus, led by Amazon founder Jeff Bezos and former Google executive Vik Bajaj, raised $12 billion in a Series B round at a $41 billion valuation, Axios reported. The company plans to use the funds to redesign how physical products are manufactured, from jet engines to medical devices and consumer electronics. Bezos said the company is building tools to sharply shorten engineering cycles. Prometheus focuses on AI-optimised pre-production processes.