Spanish company Multiverse Computing “soonicorn” releases a free zipped AI template

Large language models have a problem: they are large. Multiverse computinga Spanish startup, is tackling this problem with compact models that aim to bridge the gap between what frontier models can do and what companies can afford to actually deploy.

The secret sauce is CompactifAI, a compression technology inspired by quantum computing owned by the Basque company Applied to models Released by OpenAI. Starting today, developers can access a newer version of Multiverse’s HyperNova 60B model for free Face hugging. The company also plans to open source more compact models in 2026 to support a wider range of use cases.

According to Multiverse, their models are smaller, but almost as powerful and accurate. At 32GB, the HyperNova 60B is roughly half the size of the model it’s derived from – OpenAI’s gpt-oss-120B – while featuring lower memory usage and lower latency. The updated version is called Hypernova 60B 2602,It now also better supports tool invocation and proxy coding,,where inference costs can be high.

One competitor that Multiverse claims to have beaten is the HyperNova 60B Large Mistral 3one of the models I released Decathlon French Mistral AI. But beyond the technological rivalry, the two European companies also have a lot in common in the field of artificial intelligence.

Like Mistral, Multiverse has expanded beyond its home country, with offices in the US, Canada and across Europe. Both companies also have enterprise clients. In the case of Multiverse, it names Iberdrola, Bosch and the Bank of Canada.

And while the multiverse isn’t officially a unicorn yet, it is now It is rumored to be raising a new funding round worth €500 million With a value exceeding 1.5 billion euros. In a statement shared with TechCrunch, the company confirmed that active discussions with potential investors towards a new funding round are ongoing, but added that it would be too early to comment on the valuation or the size of the funding at this stage. Multiverse also declined to comment on reports that its annual recurring revenue (ARR) reached €100 million in January.

If confirmed, this will still be just a small part of OpenAI at $20 billion ARR; But not far from Mistral, which ARR It rose to more than $400 millionThis is partly due to the growing demand for alternatives to American technology. Likewise, the multiverse sets itself up In its latest press release As a company that can “deliver sovereign solutions across the AI ​​stack.”

These geopolitical undertones have recently helped secure the multiverse In cooperation with the Regional Government of Aragonin northeastern Spain. The Spanish Agency for Technological Transformation (SETT) has also participated in AI startups $215 million Series B last year. Since its beginningthe multiverse has also benefited from support from the Basque region – which could soon be considered its first unicorn.