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Quartz·1 min read·medium

Jeff Bezos backs $450 million raise for U.K. AI startup hunting for new chip materials

Cris Tolomia
AI Summary

A U.K.-based AI startup has raised $450 million in a funding round backed by Jeff Bezos, bringing its valuation to $2.6 billion. The company plans to focus its research on developing new materials for semiconductors.

The U.K. startup, now valued at $2.6 billion, is directing 80% of its near-term research toward semiconductor materials

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