Multiverse Computing raises $570 million investment, expands AI model compression technology

Spanish AI company Multiverse Computing raised $570 million in a Series C round.

The company plans to expand CompactifAI, its model-compression technology that can shrink LLMs by 80% to 95%.

The goal is to cut model size dramatically while minimizing performance loss, enabling broader edge AI use.

If adopted widely, the approach could make high-performance AI easier to run on smartphones and industrial equipment.