Close
The Spanish government is investing €67 million in Multiverse Computing, a company based in San Sebastian. This investment aims to enhance energy-efficient AI language models by compressing AI models to 10% of their original size, allowing for reduced resource consumption. The initiative is part of a broader strategy to position Spain as a leader in AI technology and independence in Europe.
The investment will be facilitated through the Spanish Society for Technological Transformation, with the goal of scaling the development of AI compaction tools. Multiverse Computing has already been recognized as a promising startup and is noted for its powerful AI editing software. Additionally, the government announced new grants totaling over €200 million to support AI integration across various sectors, including health and agriculture.
• Spain invests €67 million in Multiverse Computing for AI advancements.
• New grants announced to support AI integration in various sectors.
AI models are algorithms that can be compressed to improve efficiency and reduce energy consumption.
Energy-efficient AI refers to technologies that minimize resource use while maintaining performance.
Compaction tools are used to reduce the size of AI models, enabling their use on smaller devices.
Multiverse Computing specializes in quantum-inspired software that compresses AI models for efficiency.
Iberdrola leads projects focusing on sustainable energy transitions through AI applications.
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.
Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.
Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
Log in
Sign Up
AI Tools - Popular
AI Tools - Categories
GPTs - Categories
AI for Jobs
Key AI Highlights in this Article
Key AI Terms Mentioned in this Article
Companies Mentioned in this Article
