Spanish ‘soonicorn’ Multiverse Computing releases free compressed AI model

Massive language fashions have an issue: they’re massive. Multiverse Computing, a Spanish startup, is addressing this concern with compressed fashions that goal to shut the hole between what frontier fashions can do and what corporations can really afford to deploy. 

The key sauce is CompactifAI, a compression expertise impressed by quantum computing that the Basque firm has utilized to fashions launched by OpenAI. As of as we speak, builders can entry a more recent model of Multiverse’s HyperNova 60B mannequin totally free on Hugging Face. The corporate additionally plans to open supply extra compressed fashions in 2026 to help a wider vary of use instances.

In keeping with Multiverse, its fashions are smaller, however practically as potent and correct. At 32GB, HyperNova 60B is roughly half the scale of the mannequin it derives from — OpenAI’s gpt-oss-120b — whereas boasting decrease reminiscence utilization and decrease latency. The up to date model, known as HyperNova 60B 2602, now additionally higher helps ​​software calling and agentic coding, the place inference prices will be excessive.

One of many rivals Multiverse claims to have crushed with HyperNova 60B is Mistral Massive 3, one of many fashions launched by French decacorn Mistral AI. However past the technological rivalry, the 2 European AI corporations even have so much in frequent.

Like Mistral, Multiverse has expanded past its house nation, with workplaces in america, Canada, and throughout Europe. Each corporations even have enterprise prospects. In Multiverse’s case, it names Iberdrola, Bosch, and the Financial institution of Canada.

And whereas Multiverse just isn’t formally a unicorn but, it’s now rumored to be elevating a recent €500 million funding spherical at a valuation of greater than €1.5 billion. In a press release shared with Trendster, the corporate confirmed that lively discussions with potential traders towards a brand new funding spherical are ongoing, however added it might be untimely to touch upon valuation or funding dimension at this stage. Multiverse additionally declined to touch upon studies that its annual recurring income (ARR) reached €100 million in January.

If confirmed, this could nonetheless solely be a fraction of OpenAI’s $20 billion ARR; however not that removed from Mistral’s, whose ARR soared to over $400 million, owing partially to rising demand for options to U.S. tech. Equally, Multiverse positions itself in its newest press launch as an organization that may “ship sovereign options throughout the AI stack.” 

These geopolitical undertones just lately helped Multiverse safe a collaboration with the regional authorities of Aragón, in northeastern Spain. The Spanish Company for Technological Transformation (SETT) additionally participated within the AI startup’s $215 million Collection B final 12 months. Since its inception, Multiverse has additionally benefited from help from the Basque area — which might very quickly depend its first unicorn.