Multiverse Computing Announces Series C Fundraising Targeting up to $570 Million

Multiverse Computing has raised a $570 million Series C funding round at a $1.7 billion pre-money valuation to accelerate deployment of its AI model compression platform, CompactifAI, and expand its efficient AI infrastructure globally. The company’s CompactifAI technology applies tensor network methods derived from quantum physics to compress large language models by 80–95% with minimal accuracy loss, enabling faster, lower-energy AI deployment across cloud, on-premises, and edge devices. The funding will support research and development, sovereign AI infrastructure, expansion into key international markets, and scaling deployments across industries including manufacturing, finance, energy, aerospace, cybersecurity, defense, and healthcare. PRESS RELEASE — Multiverse Computing, the global…