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Multiverse raises $27M for quantum software targeting LLM leviathans
We're still years away from seeing physical quantum computers break into the market with any scale and reliability, but don't give up on deep tech. The
Multiverse’s pitch is that its software platform Singularity — designed to apply across a wide range of industries like finance, manufacturing, energy, cybersecurity and defense — can be used to run and optimize complicated modelling and predictive applications more efficiently. In AI, the focus is more squarely on applying the platform to compress Large Language Models, with a new product called CompactifAI honing in on the calculations that are constantly being made when building and querying LLMs, to cut out more noise and speed up the work (and thus reliability) when producing results. Since then it has widened out into other sectors and counts Moody’s Analytics, Bosch, BASF, Iberdrola, Credit Agricole and BBVA among its customers, and Lizaso-Olmos says that together, industrial and energy clients, who like the greener aspects of more efficient computing, today actually account for more of the company’s business than finance.
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