CuspAI, a two-year-old Cambridge materials-AI startup, is reportedly raising $400M led by Jeff Bezos's family office at a $2.6bn valuation, the FT reports.

Cambridge-based CuspAI boasts AI pioneers Geoffrey Hinton and Yann LeCun among its advisors.

The new round would more than quadruple the UK startup’s valuation from September last year, when it raised $100m.