Multiverse Computing targets a $570m Series C at a $1.7bn valuation to cut AI costs

Spanish deeptech company that shrinks large language models wants investors to bet that efficiency, rather than sheer scale, is where the next stretch of AI money gets made. Multiverse Computing, based in San Sebastián in Spain’s Basque Country, has opened a Series C round targeting up to $570m (€500m), the company said on July 27. […] This story continues at The Next Web