Multiverse Computing, a global leader in AI and quantum software solutions, won time on a supercomputer to build a large language model (LLM) for the Large AI Grand Challenge by AI-BOOST, an open challenge program designed to be a benchmark for the European artificial intelligence (AI) community. AI-BOOST, funded by the European Commission, awarded Multiverse Computing 800,000 hours of compute time on a supercomputer to build and train an LLM from scratch using quantum and quantum-inspired technology. “Winning this challenge recognizes the specific strength of Multiverse Computing in building faster and more energy-efficient LLMs by using quantum and quantum-inspired technology, today,” said Enrique Lizaso Olmos, co-founder and CEO. “We are proud of the confidence EU leaders have in our expertise and ability to create a new class of LLMs with faster training, smaller datasets and lower operating costs.” The teams awarded in the Large AI Grand Challenge will have 12 months to develop a large-scale AI model with a minimum of 30 billion parameters and train it on one of Europe’s supercomputers. This award also represents a significative step-up of the efforts of the European Commission to apply quantum and quantum-inspired technology to the AI field, and in particular to LLMs. The Quantum AI field is getting more and more attention as it is perceived as a potential solution to the increasing demand for larger computational and energy resources in AI.
“Barcelona Cybersecurity Congress”. Iraia Ibarzabal, Chief Growth Officer y Ruth Fociños, Head of innovation & Strategic Alliances de Multiverse Computing visitan el Barcelona cybersecurity congress donde ITechGrup presenta el proyecto ‘QZT (quantum zero trust)’ llevado a cabo entre ambas empresas como respuesta al Reto CPP2_R02. “Criptografía avanzada resistentes a ataques cuánticos de INCIBE - Instituto Nacional de Ciberseguridad”. Iraia Ibarzabal nos ha comentado: “La criptografía postcuantica ya es una realidad en el entorno de la ciberseguridad e IoT. Desde MVC estamos trabajando en proyectos sobre ciberseguridad y Post Cuantica aplicada a diferentes entornos industriales”. More info: https://lnkd.in/gfbdf45g Barcelona Cybersecurity Congress: https://lnkd.in/giZz87cs
Multiverse Computing, a global leader in value-based quantum and quantum-inspired computing solutions and the largest quantum software company in the European Union, today announced it has secured a €25M (USD $27.1 million) oversubscribed investment round. The round was led by Columbus Venture Partners through their SCR, with significant contributions from Quantonation Ventures and new investors, including the European Innovation Council Fund, Redstone QAI Quantum Fund, and Indi Partners among other prominent backers. This achievement reinforces the company’s solid investment base and position as a leader in the quantum software landscape. "We are thrilled to announce our first investment in Multiverse, a pioneering quantum software company poised to revolutionize several industry segments,” said Javier Garcia, Partner at Columbus Venture Partners. “Multiverse's exceptional team will soon apply their unparalleled capability to deliver quantum and quantum-inspired software solutions also within the life sciences and biotechnology markets, where Columbus Venture Partners will help to identify unmet market needs and high-profile industrial partners.," "Quantonation was the first investor in Multiverse and we are glad to support the team in this new acceleration phase,” said Olivier Tonneau, Partner at Quantonation. “The company has demonstrated a level of commercial traction that we did not expect so soon for quantum software applications.
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. His Majesty the King highlighted in her intervention: “Recognizing—and valuing—your work, in addition to contributing to your strength and resistance, or your adaptation or transformation, is essential to promote business development in our country.” The award was collected by Marta Garcia, CFO of Multiverse Computing who expressed: “We are very proud to receive this award for the Innovative and Digitalization SME 2023, from the hand of His Majesty the King. It is recognition of the hard work we do at Multiverse Computing that has positioned us as the most relevant quantum and quantum-inspired software company for Artificial Intelligence in Europe. Having this support and recognition also at the National level is very important for our entire team.” In the photo: Ángel Rivera, CEO of Santander Spain. Carlos Cuerpo, Minister of Economy. His Majesty King Felipe VI. Marta García, CFO at Multiverse Computing. José Luis Bonet, President of the Spanish Chamber of Commerce. Juan Cantón, general director
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