López visited the quantum computing company Multiverse Computing in the Miramon technology and science park in the capital of Gipuzkoa, accompanied by the delegate of the central government in the Basque Country, Marisol Garmendia, and the provincial deputy for Sustainability of Gipuzkoa, first lieutenant general deputy and secretary general of the Gipuzkoan socialists, José Ignacio Asensio. and the co-founder and scientific director of the aforementioned company, Román Orús.
During his visit, López pointed out that he does not know "if many people are aware of what is happening in this country, what is happening in the Basque Country, what is happening in Gipuzkoa, and that is that companies as cutting-edge as Multiverse are leading a change of era, a truly technological change of era, based of course on artificial intelligence, in digital transformation and in quantum transformation".
As he pointed out, Multiverse Computing had "three or four employees before the pandemic" of Covid-19 and currently has "200 employees". In addition, the company expects to incorporate next year "at least 60, which will surely be more, due to the speed of expansion, due to the importance of the product it has".
"At a time when we are debating technological sovereignty, about global competition between the North American model, the Chinese model and a European model that it is true has to accelerate, having a company like this is a source of pride for the country," he defended.
The minister also recalled that Multiverse is a company now owned through the Spanish Society for Technological Transformation, which has made an investment of 59 million euros in the company's first capital increase.
López stressed that "this country has the vocation to lead the digital transformation as we have done with the ecological transformation". "Today Spain is a world leader in renewable energies, today Spain has leading companies in the world, in solar, in wind, the same with digital transformation," he stressed.
In addition, he said that Multiverse is "the best example of how public-private collaboration can be very effective". "It was in China, it was in the United States, the big technology companies have had great support from the US and Chinese governments, and Europe also has to bet on its companies and Spain is doing it," he defended.
"Therefore, Multiverse, in that world in which everyone is looking for unicorns, I think it is going to be a unicorn multiplied by four or five," he said.
López insisted that it is "a source of pride" to have companies like this one that "are creating employment, quality employment, employment of multiple nationalities who come here to San Sebastián, to Donostia, to Gipuzkoa, to Spain, to find quality jobs in the most advanced technological sectors".
COMPRESSION MODELS
He also highlighted that Multiverse has developed "compression models of artificial intelligence language models that manage to "compress language models up to 95%", which "means savings, efficiency, also in terms of energy".
Finally, he pointed out that "we have a challenge with everything that has to do with computing capacity, energy consumption, and precisely compression models such as the one developed by Multiverse", which manage to "reduce energy consumption by up to 50%".
"We are talking about very important things that are focusing the global discussion at the moment on energy, on data centers, on supercomputing capacity, on quantum, artificial intelligence and it is a pride for all of us to have a company like Multiverse," he insisted, to conclude by wishing "many successes and a lot of future" to this company.
Learn more on Forbes: https://forbes.es/economia/800594/el-gobierno-destaca-que-euskadi-con-empresas-como-multiverse-esta-liderando-un-cambio-de-era-tecnologico/