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With private company defaults running at upwards of 9.2% — the highest rate in years — VC firm Lux Capital recently advised companies relying on AI to get their compute capacity commitments confirmed in writing. With financial instability rippling through the AI supply chain, Lux warned, a handshake agreement isn’t enough. But there’s another option…
Large language models have a problem: they are large. Multiverse Computing, a Spanish startup, is addressing this issue with compressed models that aim to close the gap between what frontier models can do and what companies can actually afford to deploy. The secret sauce is CompactifAI, a compression technology inspired by quantum computing that the…
On Thursday, Spanish startup Multiverse Computing announced that it raised an enormous Series B round of €189 million (about $215 million) 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…