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Multiverse Computing raises $215M for tech that could radically lower AI costs


Spanish startup Multiverse Computing announced that it raised an enormous Series B round on the strength of a technology it calls “CompactifAI.”

CompactifAI is a quantum-computing inspired compression technology that is capable of reducing the size of LLMs by up to 95% without impacting model performance, the company says. The company says that some of its models can be made so small and energy efficient they could be run on PCs, phones, cars, drones and even the DIY-enthusiast’s favorite tiny PC, Raspberry PI. Multiverse’s co-founder and CEO, Enrique Lizaso Olmos, also holds multiple mathematical degrees and has been a college professor.

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