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Multiverse Computing's Series C funding highlights a critical shift in efficiency where tensor networks derived from quantum physics enable significant compression of large language models for edge deployment. By reducing hardware footprints by up to 95%, this technology addresses the infrastructure bottleneck that has traditionally forced reliance on expensive cloud computing and massive data centers. This development is pivotal for making high-performance AI accessible on consumer devices without sacrificing model capabilities or incurring excessive energy costs.
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AI model compression startup Multiverse raises $570M at $1 . 7B valuation

GDELT4 min read

AI model compression startup Multiverse raises $570M at $1.7B valuation Multiverse Computing SL, a startup working on technology that compresses artificial intelligence models so that they run more efficiently on less hardware, announced Monday it raised $570 million in Series C funding. The round was co-led by Forgepoint Capital International, BNPP SIVF, and Bullhound Capital. Santander Alternative Investments, Tikehau Capital, HP Inc., Orange Ventures, Scania Invest, NAventures and half a dozen other investors also committed capital to the funding round. The raise values the…

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