Nicole Hennig
@nic221@techhub.social  ·  activity timestamp 3 days ago

Buzzy AI startup Multiverse creates two of the smallest high-performing models ever | TechCrunch https://techcrunch.com/2025/08/14/buzzy-ai-startup-multiverse-creates-two-of-the-smallest-high-performing-models-ever/ #AI #tiny#IoT

Text Shot: These new tiny models are intended to be embedded into Internet of Things devices, as well as run locally on smartphones, tablets, and PCs.  “We can compress the model so much that they can fit on devices,” founder Román Orús told TechCrunch. “You can run them on premises, directly on your iPhone, or on your Apple Watch.” As we previously reported, Multiverse Computing is a buzzy European AI startup headquartered in Donostia, Spain, with about 100 employees in offices worldwide. It was co-founded by a top European professor of quantum computers and physics, Román Orús; quantum computing expert Samuel Mugel; and Enrique Lizaso Olmos, the former deputy CEO of Unnim Banc. It just raised €189 million (about $215 million) in June on the strength of a model compression technology it calls “CompactifAI.” (Since it was founded in 2019, it has raised about $250 million, Orús said.) CompactifAI is a quantum-inspired compression algorithm that reduces the size of existing AI models…
Text Shot: These new tiny models are intended to be embedded into Internet of Things devices, as well as run locally on smartphones, tablets, and PCs.  “We can compress the model so much that they can fit on devices,” founder Román Orús told TechCrunch. “You can run them on premises, directly on your iPhone, or on your Apple Watch.” As we previously reported, Multiverse Computing is a buzzy European AI startup headquartered in Donostia, Spain, with about 100 employees in offices worldwide. It was co-founded by a top European professor of quantum computers and physics, Román Orús; quantum computing expert Samuel Mugel; and Enrique Lizaso Olmos, the former deputy CEO of Unnim Banc. It just raised €189 million (about $215 million) in June on the strength of a model compression technology it calls “CompactifAI.” (Since it was founded in 2019, it has raised about $250 million, Orús said.) CompactifAI is a quantum-inspired compression algorithm that reduces the size of existing AI models…
Text Shot: These new tiny models are intended to be embedded into Internet of Things devices, as well as run locally on smartphones, tablets, and PCs.  “We can compress the model so much that they can fit on devices,” founder Román Orús told TechCrunch. “You can run them on premises, directly on your iPhone, or on your Apple Watch.” As we previously reported, Multiverse Computing is a buzzy European AI startup headquartered in Donostia, Spain, with about 100 employees in offices worldwide. It was co-founded by a top European professor of quantum computers and physics, Román Orús; quantum computing expert Samuel Mugel; and Enrique Lizaso Olmos, the former deputy CEO of Unnim Banc. It just raised €189 million (about $215 million) in June on the strength of a model compression technology it calls “CompactifAI.” (Since it was founded in 2019, it has raised about $250 million, Orús said.) CompactifAI is a quantum-inspired compression algorithm that reduces the size of existing AI models…