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Spain Bets Big on AI Compression Tech with €67M Investment

Spain Bets Big on AI Compression Tech with €67M Investment

Mar 05, 2025
EU-Startups

Spain takes a bold step in AI innovation, investing €67M in Multiverse Computing to acquire a stake in the company's groundbreaking AI compression technology that shrinks models by 90% while preserving performance, paving the way for cost-effective and sustainable AI adoption across industries.

Perplexity AI Unveils $50M Fund to Fuel AI Startup Boom

Perplexity AI Unveils $50M Fund to Fuel AI Startup Boom

Feb 25, 2025
CNBC

Perplexity AI, a pioneering AI venture firm, has unveiled an ambitious $50 million fund to catalyze the burgeoning AI startup ecosystem, poised to serve as an anchor investor for promising pre-seed and seed-stage AI companies across the United States, with seasoned investors Kelly Graziadei and Joanna Lee Shevelenko at the …

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