C
CuspAICuspAI builds generative AI and physics-based simulation software that designs and evaluates novel materials for applications like semiconductors, batteries, carbon capture, and clean energy.
2 Pulse stories
M
ModularModular builds AI infrastructure software — the Mojo programming language and MAX AI compute platform — designed to unify and speed up AI model deployment across hardware and break Nvidia's CUDA lock-in.
4 Pulse stories
Total Raised
$650M+
$380M
CuspAIModular
Last Valuation
$2.6B
$1.6B (last independent round; later acquired by Qualcomm for ~$3.9B)
CuspAIModular
AI infra
Sector
AI infra
2024
Founded
2022
Cambridge, England, UK
HQ
Palo Alto, California
Private
Status
Private
CuspAI investors
Kleiner PerkinsNEABezos ExpeditionsTemasekLux CapitalAMD VenturesProsusNorthzone
Modular investors
GV (Google Ventures)General CatalystGreylock PartnersDFJ GrowthUS Innovative Technology (Thomas Tull)
Data from Value Add Pulse coverage and company research — see the full threads for CuspAI and Modular.