A hefty $568.9M Series C round has landed for Multiverse Computing, the Spanish-headquartered AI model provider specializing in quantum-derived compression techniques. The funding, backed by Clave Capital and Mondragón Fondo de Promoción FCR, underscores growing interest in solutions that make large AI language models more efficient.
Multiverse Computing's technology enables the smooth implementation of large AI models, cutting costs and energy consumption by more than half without sacrificing performance. With a global footprint and clients like Iberdrola and the Bank of Canada, the company was recently recognized with the "Future Unicorn 2024 Award" by Digital Europe.
