A Spain startup received $ 200 million to develop a technology that could radically reduce the costs of running AI models
LLM -Language Model (photo source Josepalbert13, Dreamstime.com)
A Spanish startup called Multiverede Computing has announced that it has obtained a consistent funding of 189 million euros (approximately $ 215 million) for a compression technology inspired by quantum calculation, a technology that can reduce the size of large language models (LLM) by up to 95%, without affecting their performance.
LLM – in the context of artificial intelligence – means Large Language Model, ie large linguistic model. GPT-4, Gemini, Claude, Deepseek, Llama and Mistral are the best known.
An LLM is an artificial intelligence model trained on huge amounts of texts to understand, generate and analyze human language, in a coherent and relevant way.
The Multiversee company explains that it offers compressed versions of well-known LLM Open-Source models, especially small models, such as Llama 4 Scout, LlamA 3.3 70B, Llam 3.1 8B and Mistral SMAL 3.1. About Multivers they wrote sites like Techcrunch and The Quantum Insider.
The technology called compactifai allows a processing of 4–12 times faster and a 50-80% discount of the expenses associated with the effective running of an artificial intelligence model, making it possible to run the models you advance on simpler and smaller devices.
The company claims that some of its models can become so small and energy efficient that they can run on PCs, phones, cars, drones and even the mini-switch Raspberry Pi.
Iberians intend to launch a version of Deepseek R1 soon and say they are working on several open-sources and reasoning oriented. Commercial models from Openai and other suppliers are not compatible.
The series of type B -type financing was led by Bullhound Capital, which has previously invested in companies such as Spotify, Revolut, Deliveryhero, Avito and Discord. Investors participating in the round include HP Tech Ventures, Sett, Forgepoint Capital International, Sandander Climate VC and Toshiba.
Multiviversa has 160 patents and has 100 clients globally, including Iberdrola, Bosch and Bank of Canada. With this round, the company has raised a total of about $ 250 million so far.
Photo source: dreamstime.com
