Multiverse Computing has raised $570M in a Series C at a $2.3B valuation as demand grows for cheaper, faster AI infrastructure powered by its model-compression platform.

Based in Donostia in Spain, Multiverse “compresses” large AI models to reduce computing requirements

Spain’s Multiverse Computing is raising up to $570m at a reported $1.7bn valuation, betting on compressing AI models rather than scaling them.