Journalism begins where hype ends

,,

We can only see a short distance ahead, but we can see plenty there that needs to be done.” "

—Alan Turing

Tag: Cambridge UK startup

UK AI Companies Raise £10 Billion in First Half of 2026; UK Accounted for 39% Europe Investment

Sovereign AI UK Fund Unit has announced that UK based AI companies have raised £10 billion in the first six months of 2026. Pic Credit: Dan Lynn on Unsplash

While praising the homegrown AI companies, Wise also noted that these companies still lag behind their US and China based peers in terms of capital investment and overall AI adoption.

CuspAI Launches AI Materials Foundry With NVIDIA, Meta and Samsung; Raises $450 Million

CuspAI's AI Materials Foundry brings together more than 45 organisations, with its MIRA platform at the base of the discovery pipeline. | Image: CuspAI

Cambridge-based CuspAI has launched the AI Materials Foundry, a coalition of more than 45 tech giants and research groups including NVIDIA, Meta, Samsung and Hyundai Motor Group, alongside a $450 million Series B that values the two-year-old startup at $2.6 billion.