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Multiverse Computing's Series C funding highlights a strategic shift toward compressing large language models using tensor networks derived from quantum physics principles. This technology aims to enable efficient AI inference on edge devices by drastically reducing model size while maintaining accuracy, effectively challenging the industry reliance on expensive cloud infrastructure. The investment underscores growing interest in making advanced AI accessible without massive data centers or continuous connectivity.
Source coveringGDELT
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Spain Multiverse Computing raises $570m at $1 . 7bn valuation

GDELT2 min read

From left: Multiverse Computing co-founders Enrique Lizaso, Samuel Mugel and Román Orús. Image: Multiverse Computing The AI compression start-up’s funding round – co-led by Forgepoint Capital International, BNPP SIVF and Bullhound Capital – values the company at a fivefold step-up from its Series B.…

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