PARIS, June 12 (Reuters) - Spanish AI firm Multiverse

Computing said on Thursday it has raised 189 million euros ($217

million) from investment firm Bullhound Capital, HP Inc ( HPQ ),

Forgepoint Capital and Toshiba, to compress AI language models.

The company said it has developed a compression technology

capable of reducing the size of large language models (LLMs) by

up to 95% without hurting performance and reducing costs by up

to 80%.

It combines ideas from quantum physics and machine learning

in ways that mimic quantum systems but doesn't need a quantum

computer.

The latest funding round makes Multiverse the largest

Spanish AI startup, joining the list of top European AI startups

such as Mistral, Aleph Alpha, Synthesia, Poolside and Owkin.

Multiverse has launched compressed versions of LLMs such as

Meta's Llama, China's DeepSeek and France's Mistral,

with additional models coming soon, the company said.

"We are focused just on compressing the most used

open-source LLMs, the ones that the companies are already

using," Chief Executive Officer Enrique Lizaso Olmos said.

"When you go to a corporation, most of them are using the

Llama family of models."

The tool is also available on Amazon Web Services

AI marketplace.

($1 = 0.8709 euros)