Sources: Spain-based Multiverse, which shrinks LLMs to reduce energy and compute costs, is in talks to raise ~€500M at a €1.5B+ valuation and has hit €100M ARR (Bloomberg)

Bloomberg: Sources: Spain-based Multiverse, which shrinks LLMs to reduce energy and compute costs, is in talks to raise ~€500M at a €1.5B+ valuation and has hit €100M ARR  —  Multiverse Computing SL, a Spanish artificial intelligence software company, is in discussions to raise about €500 million …