Overview
Multiverse Computing SL, a Spanish startup focused on reducing the hardware footprint of artificial intelligence models, is seeking €500 million (approximately $594.4 million) in new funding. This round is expected to value the company at €1.5 billion, highlighting its potential in the AI sector.
Products
Loading...
Recent Deals
Multiverse Computing SL, a Spanish startup focused on reducing the hardware footprint of artificial intelligence models, is seeking €500 million (approximately $594.4 million) in new funding. This round is expected to value the company at €1.5 billion, highlighting its potential in the AI sector.
Multiverse, a London-based workplace training specialist, reported a 36.3% increase in annual revenues to £79.6 million, driven by demand for AI and data-driven training. Despite this growth, pre-tax losses widened to £63.3 million, with accumulated losses reaching £178.3 million. The company aims to help employers upskill their workforce for the AI era and has supported nearly 28,000 apprentices. Multiverse achieved unicorn status in 2022 with a valuation of around £1.4 billion.