The company from San Sebastian promotes quantum computing from the Basque Country and develops cutting-edge solutions such as the CompactifAI tool that allows artificial intelligence models to be compressed while maintaining their accuracy.
The San Sebastian-based company is one of the main beneficiaries of the strategic program to strengthen the state's semiconductor industry
A select group of companies exemplify the dizzying evolution of artificial intelligence, its opportunities, innovations and business possibilities in a living sector that presents new products almost every day.
Spain's Multiverse Computing has made it into CB Insights' global ranking of the 100 emerging companies with the most potential in AI.
CB Insights is launching the 9th annual AI 100 — a ranking of the world's top emerging AI companies. From observability to infrastructure security to vertical AI agents, this year's winners are shaping the future of intelligent systems across industries.
Multiverse Computing received the Navantia Award for the Promotion of Innovative Talent.
Advanced LLM compressor CompactifAI delivers smaller versions of the most popular open-source AI models available as a service.
The hottest technology today and the emerging most-promising technology are joining forces. Combining AI and quantum computing in new solutions will advance the efficiency and effectiveness of new applications of these powerful technologies.
President Sánchez mentioned Multiverse Computing AI model compression capabilities as a successful use of European funds.
For artificial intelligence (AI), the benchmarking issue is especially acute due to its 2023 baseline. That was the "year of AI" because of its transformative moment in terms of mainstream adoption, technological breakthroughs and public awareness. How do you track progress from such an explosive inflection point?
The EL CORREO-Banco Sabadell-Basque Government awards recognise Emiliano López Atxurra (Lifetime Achievement Award), IMQ (Company of the Year), Multiverse Computing (Novel Award) and AJL Ophthalmic (SME of the Year)
Quantum AI software company’s CSO will join a panel discussion with leaders from KMPG, Nestle, Bosch and more about overcoming implementation challenges of AI
Multiverse Computing and Kinesis are solving a pressing industry challenge: harnessing the power of AI while mitigating the environmental and financial costs associated with significant computational demands. By integrating their respective expertise in LLM and compute optimization, the two companies offer a comprehensive solution for customers seeking to drive innovation efficiently and sustainably.
Multiverse Computing made progress on multiple fronts this year
Quantum-inspired solutions demonstrated 15% higher accuracy than current solutions and will be used to improve protections for personal information in datasets.
Europe's leading quantum AI software company to expand footprint in Italy with CDP Venture Capital’s Corporate Partners I fund
Singularity ML is now part of a new set of services that the developers, data and computational scientists in the IBM global Quantum Network can use.
Chris Zaharias to lead U.S. office to offer value-based quantum and quantum-inspired AI software solutions to enterprise and government organizations.
Sam Mugel, Ph.D., is the CTO of Multiverse Computing, a global leader in developing value-driven quantum solutions for businesses.
Multiverse Computing to build gesture recognition software for fighter pilots within the EPIIC European Defence Fund project with Airbus
Román Orús, Founder and Chief Scientific Officer of Multiverse Computing and Professor Ikerbasque at the DIPC, has been recognized for his extensive career in the field of quantum technologies, with relevant scientific contributions, a large number of patents and an unquestionable business impact.
A huge thank you to the LinkedIn team for this honor and for creating a platform that allows startups like ours to connect, grow, and thrive.
We were honored to welcome the Minister of Economy, Trade & Business of Spain, Carlos Cuerpo, to Multiverse Computing.
DONOSTIA-SAN SEBASTIÁN, Spain, Sept. 12, 2024 — Multiverse Computing, a global leader in value-based quantum and quantum-inspired AI software solutions, today announced it has been selected for the second cohort of the AWS Generative AI Accelerator.
La computación cuántica como respuesta a los grandes problemas de la IA generativa y LLM.
En el marco del reciente Encuentro de AMETIC en Santander, entrevista a Román Orús, cofundador y Director Científico de Multiverse Computing, y profesor en el Donostia International Physics Center (DIPC) desde InnovaSpain.
La ponencia se realizó el día 2 de la 38ª edición del AMETIC Encuentro de la Economía Digital y las Telecomunicaciones.
Román Orús, Chief Scientific Officer of Multiverse Computing has participated in AMETIC's roundtable: The Impact of Artificial Intelligence in Industry- Success Stories and Challenges.
Professor Román Orús explores the intricacies of tensor networks and Multiverse Computing's.
Quantum and quantum-inspired algorithms matched or outperformed classical solutions for determining the quantity and placement of grid batteries.
Multiverse Computing won 800,000 hours on one of the world’s top-performing supercomputers in a bid to strengthen Europe’s technological sovereignty.
Multiverse Computing’s CompactifAI reduces size, memory, and storage space requirements while maintaining accuracy of LLMs. Tensorized AI models show a 2x speed up in training compared to original and purely quantized models, as Multiverse explains in a new research paper.
Luc Andrea, Engineering Director at Multiverse Computing, discusses AI models evolution, enabling LLMs on edge devices and Quantum-Inspired solutions.
His Majesty the King of Spain has presented the seventh edition of the “National SME of the Year Award”, organized by the Chamber of Commerce of Spain and the Santander Bank, which recognizes the work of small and medium-sized companies as generators of wealth and creators of employment in the performance of their daily work, which in this edition have fallen to Meltio, Ecoforest Geotermia, Multiverse Computing S.L., Vera (Gurbtec Iguana Telecom, S.L.) and Tresca Engineering.
The current resource-hogging generative AI technologies could run into a wall, prompting many companies to look for more efficient compute. Some are on the bleeding edge: See the “food for thought” item below. But others are already well underway on a number of fronts, such as Multiverse Computing, which is using quantum computing-inspired software for AI model training, as well as Efficient Compute, Neural Magic, Taalas and, not least, Groq, the current hot thing in chatbots thanks to its ultrafast language-optimized custom processor.
"The real idea was, OK, we have AI systems that are expensive to train — they are large and so on, and could we just prepare something that is not only smaller, because you have to fit the system somewhere, but also consumes less energy,” said Enrique Lizaso (pictured), co-founder and chief executive officer of Multiverse Computing. “We analyzed the problem and said, ‘Yes, this is a particular problem that fits into quantum computing.’ Then, at some point … somebody inside the company suggested, ‘OK, we have done that in the manufacturing line … can we apply that to LLMs?'"
Enrique Lizaso-Olmos (right), CEO of Multiverse Computing, discussed the state of European quantum and AI development with Rob Strechay, Managing Director at SiliconANGLE, as part of the Supercloud 6 event.
By @roman Orus, co founder & CSO - EETimes As 2024 unfolds, the realm of quantum technology teems with anticipation, ready to open a new chapter of groundbreaking advancements. The past few years, especially 2023, were a prologue to what appears to be a pivotal year ahead. While I may not possess a crystal ball (I wish I did!), my immersion in the quantum domain allows me to sketch out the trends likely to shape the quantum landscape this year.
28 March 2024 - Brussels, Belgium -- Multiverse Computing, a global leader in value-based quantum computing solutions, today announced that it has been selected by the EIC Scaling Club as one of the highest-potential European deep-tech scale-ups poised to make a positive global impact.
Multiverse Computing and cybersecurity experts CounterCraft develop explainable AI model that can spot known and unknown attacks
El potencial de talento distribuido por todo el mundo y el peculiar idilio de La Palma con la física mundial convierten a nuestro país en un lugar especial para la cuántica, pero la planificación aún resulta errática.
Por Expansión 19 de Marzo 2024 Multiverse es la tercera empresa que más patento en 2023 en España
European quantum startup to deliver continued developments in quantum and quantum-inspired algorithms and AI with a funding round led by Columbus VC and Quantonation VC. Series A round led by Columbus Venture Partners and Quantonation Largest quantum software financing round Funds will fuel the development of Singularity and CompactifAI, enabling quantum computing applications across industries
La startup cuántica europea seguirá desarrollando algoritmos cuánticos y de inspiración cuántica e IA en una ronda de financiación liderada por Columbus Venture Partners y Quantonation Ventures. • Serie A liderada por Columbus Venture Partners y Quantonation Ventures • La mayor ronda de financiación de software cuántico • Los fondos impulsarán el desarrollo de los productos Singularity y CompactifAI, permitiendo aplicaciones de computación cuántica en multiples sectores
By Borja Aizpurua, Quantum Research Scientist
Quantum software company recognized as the European scale-up with the most potential to reach $1 billion in value by digital transformation industry group
BasqueFIK estará presidido por Jon Ander de las Fuentes (Artizarra Fundazioa) y Fernando del Hoyo (Kutxabak) será vicepresidente. El grupo promotor está compuesto por entidades principalmente privadas, si bien, el Gobierno Vasco mantiene su representación en el clúster, a través de Gestión Capital Riesgo (Grupo SPRI) y el Instituto Vasco de Finanzas, y la Diputación Foral de Bizkaia, a través de Seed Capital Bizkaia. El resto de entidades promotoras de carácter privado son ABE capital partners SGEIC, Elkargi, Federación de entidades de Previsión Social Voluntaria de Euskadi, Fundación BBK, Garrigues, IKEI Research & Consultancy, Kaizaharra Corporacion Empresarial, Kutxabank, Laboral Kutxa, Multiverse Computing, Norgestion S.A, SANTANDER, Sociedad Rectora de la Bolsa de Valores de Bilbao, S.A.U., Artizarra Fundazioa y Tecnalia Ventures.
Quant Strats 2024 will take place on March 12 at the Quorum by Convene, New York. For more information download the agenda below. What has been you /your firm’s top 3 priorities for the coming year? Our top 3 priorities are: To transition from a services based business model to SaaS; To sell 100 licenses To release our new product for Large Language Models: CompactifAI
$1.4 million hardware and software contracts to focus on improving superconducting single photon detectors, a building block of quantum communications
Large language models like ChatGPT have revolutionized content creation. From writing code to offering nuanced, human-like conversations through customer service chatbots, businesses are now able to generate personalized content using foundation models trained on tens of billions of words.
El proyecto ONTZHi ‘Tecnologías Claves para el Almacenamiento y Transporte (A&T) de Hidrógeno’ anunció su inicio, “con el objetivo avanzar en la seguridad, eficiencia y sostenibilidad del almacenamiento y transporte de hidrógeno”, según informaron fuentes del consorcio en un comunicado de prensa. Con una duración total de dos años y apoyado por el Programa Elkartek 2023 del Gobierno Vasco esta iniciativa se centra en abordar los desafíos actuales asociados con el hidrógeno como vector energético.
Multiverse Computing, Europe’s largest quantum and quantum-inspired software AI company, set up its UK presence in early 2023. As a UK company, it has already won projects to collaborate with global names like Moody’s UK as part of Innovate UK’s Quantum Catalyst Fund.
Multiverse Computing in the UK's Quantum framework.
Quantum software company makes shortlist of 10 most promising European tech scale-ups with potential to become billion-dollar companies.
The quantum community has a reason to celebrate some important milestones in 2023, while looking ahead with a mix of optimism and even a little concern. Here’s a collection of reflections of 2023 and predictions for 2024 contributed by some of the ecosystem’s best known experts and thought leaders, including officials from Quantinuum, Terra Quantum, IQM Computers, Keysight and D-Wave.
The convergence of quantum computing and artificial intelligence (AI) has sparked a new era of technological advancements. Quantum computing, with its ability to harness the principles of quantum mechanics, introduces a paradigm shift in computational power and problem-solving capabilities. With the global market projected to reach a staggering value of USD 4,375 Million by 2028, growing at an impressive compound annual growth rate (CAGR) of 38.3%, the impact of quantum computing on AI cannot be overstated. This article explores quantum computing, its expected impact on AI, and its potential to drive progressive developments across diverse industries.
Moody’s Analytics risk experts to provide quantum solutions for machine learning, optimization and pricing, and simulation problems via Software-as-a-Service
The digital twin project, from Multiverse Computing, uses quantum algorithms to optimize hydrogen production
SAN SEBASTIAN, Spain, Nov. 29, 2023 — Multiverse Computing, a global leader in value-based quantum computing and machine learning solutions, has used a digital twin and quantum optimization to boost the efficiency of green hydrogen production. This work could change the economics of hydrogen production and reduce a significant source of greenhouse gas.
Leveraging quantum-inspired tensor networks, the CompactifAI compressor can also accelerate AI data training and enable new portable use cases for LLMs
Quantum technologies are among the least widely understood, yet most promising advancements set to disrupt business and industries in the coming years.
Climate change is here, but tech could help us adapt
While France’s high-tech cheerleading can sometimes strike a nationalistic tone, it is not taking an isolationist approach to quantum computing. French researchers formed a coalition with their quantum colleagues across Europe to apply for money from the EU’s Quantum Flagship programme. That has already led one of Germany’s national supercomputing centres JUWELS to purchase PASQAL’s technology. “Participating in European projects allows for greater ambition,” Mehr says, “because we then receive co-funding from Europe. But it's also a good way for us to expose these French devices to European research and industrial communities. That makes things a bit more collaborative.” Spain’s Multiverse Computing, which is developing quantum computing software, and Finland’s IQM have also opened offices in Paris. That makes them eligible for support under the French quantum plan.
GPT-4, PaLM, Claude, Bard, LaMDA, LLaMA, Chinchilla, Sparrow – the list of large-language models on the market continues to grow. But behind their remarkable capabilities, users are discovering substantial costs. While LLMs offer tremendous potential, understanding their economic implications is crucial for businesses and individuals considering their adoption.
Despite only being its 3rd edition, the QUANTUM MATTER international conference & expo (QUANTUMatter) has already become a reference event for communities involved in the study of quantum materials, quantum information and quantum technologies at large. This article reports on this meeting, which took place in Madrid, in June 2023, with 420 participants and keynote speakers from all areas of quantum technologies and quantum materials.
The French Ministry of Higher Education and Research has approved Multiverse Computing as an organization carrying out R&D activities in the cutting-edge field of quantum computing for private companies. Multiverse Computing is now included in the list of approved private research organizations at www.recherche.gouv.fr. The French Research Tax Credit (Crédit d’impôt recherche, CIR) is a general measure promoting the R&D efforts, irrespective of the sector or the size of the company, fostering innovation and technological advancements.
Quantum computing, the revolutionary technology that harnesses the principles of quantum mechanics to process information exponentially faster than classical computers, has emerged as one of the most promising fields of research in recent years. As nations worldwide vie for supremacy in this rapidly evolving industry, Spain has firmly established itself as a notable player in the quantum computing race. With a strong focus on research, significant government support, and a thriving private sector, Spain has positioned itself as a quantum hub in Europe.
Multiverse Computing, a global leader in value-based quantum computing solutions, announces a new partnership to deliver its cutting-edge quantum computing software to Tech Mahindra’s global customers. Tech Mahindra is a leading provider of digital transformation, consulting, and business engineering services and solutions. With this partnership, Tech Mahindra and Multiverse Computing will jointly develop a go-to-market strategy to serve global customers across sectors including finance, healthcare, logistics, manufacturing and government. The partnership will facilitate co-innovation and joint development in the quantum field and enhance the understanding of the technology by sharing pitch books and collaterals with end-customers.
Multiverse Computing, a global leader in value-based quantum computing solutions, announced a new partnership to deliver its cutting-edge quantum computing software to Tech Mahindra’s global customers. Tech Mahindra is a leading provider of digital transformation, consulting, and business engineering services and solutions. With this partnership, Tech Mahindra and Multiverse Computing will jointly develop a go-to-market strategy to serve global customers across sectors including finance, healthcare, logistics, manufacturing, and government. The partnership will facilitate co-innovation and joint development in the quantum field and enhance the understanding of the technology by sharing pitch books and collaterals with end customers.
The European Union (EU) stands on the leading edge of the quantum industry. This is one of the most promising industries of the future, with a projected market size of $106 billion by 2040. Yet its current global leadership position is under significant threat. As detailed by the European Quantum Industry Consortium (QuIC), the continued development and future competitiveness of the EU's quantum startups and scaleups are being imperiled by regulatory hurdles inherent in the financial models required by European funding institutions. These weaknesses jeopardize the unlocking of Europe's full quantum potential at a critical point in its evolution.
The first winners of a £15 million competition to explore the benefits of using quantum technologies in the government’s work across areas like health, transport and net zero have been announced today (7 September). The Quantum Catalyst Fund aims to accelerate the adoption of quantum solutions by the public sector and will ensure the UK government is well-placed to fully harness the benefits of using these technologies across a range of policy areas. Quantum technologies – one of the government’s five critical technologies – are devices and systems using quantum mechanics to provide capabilities that ‘classical’ machines like binary computers cannot.
The first winners of a £15 million competition to explore the benefits of using quantum technologies in the Government’s work across areas like health, transport and net zero have been announced today (7 September). The Quantum Catalyst Fund aims to accelerate the adoption of quantum solutions by the public sector and hopes to ensure the UK Government is well-placed to fully harness the benefits of using these technologies across a range of policy areas.
Multiverse Computing announces that we are official sponsors of the Osservatori Digital Innovation on Quantum Computing from the School of Management of Politecnico di Milano.
Our CIO 100 Award Winning Project Our submission to the CIO 100 showcased a proof-of-concept (POC) with vendors Protiviti and Multiverse Computing to help Ally develop computing capabilities that solve challenges using both classical and quantum computing power. Ally sees value in preparing to be ‘at the ready’ as quantum computing machines become more powerful. The project centered on financial index tracking, an essential application of portfolio optimization used by financial firms for asset management strategies or for creating and managing new financial products such as exchange-traded funds (ETFs). A POC is a smart choice for a team looking to invest wisely in quantum computing because it allows safe experimentation and testing that could eventually be deployed to customers. While there’s no current plan to deploy this capability to Ally customers, it allows the technology team to solve complex problems and run tests in a controlled environment, which is critical for accelerating innovation.
The director of data science talks about post-quantum encryption, payments simulation and optimisation problems, and how the quantum work is happening in a multidisciplinary way.
The number of VC-funded quantum startups in Europe is growing fast, with many making bold claims that their technology could one day revolutionise the world economy. Yet it's still difficult to answer one fundamental thing: what can quantum computers actually do? For now, the quantum computing industry remains in what's known as the NISQ era — Noisy Intermediate Scale Quantum — in which error rates and the limited size of quantum processors significantly limit the power of quantum computers. A fully fledged quantum computer, which would be able to solve complex calculations unmanageable for today’s supercomputers, is still years away.
SAN SEBASTIAN, Spain, July 6, 2023 — Multiverse Computing, a global leader in value-based quantum computing solutions, today announced a joint project with multinational clean energy firm Iberdrola to modernize electrical grids and facilitate additional green energy sources. Because electrical grids are integrating increasing amounts of renewable generation, electric vehicles and other distributed energy resources, supplemental batteries are playing a vital role. i-DE, Iberdrola’s distributor in Spain and a leader in smart grids, will work with Multiverse Computing to select the optimal number, type and locations of supplemental batteries for the electrical grid.
Quantum algorithms from Multiverse Computing in Spain are being used to optimise the local electricity grid and develop additional green energy storage. A joint project with multinational clean energy firm Iberdrola is using quantum algorithms to select the optimal number, type and locations of supplemental energy storage batteries for the electrical grid. The two companies will work together for 10 months as part of the Gipuzkoa Quantum Programme in the Basque Country of Spain, a quantum computing hub and smart grid innovation centre.
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