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Sources: Spain-based Multiverse, which shrinks LLMs to reduce energy and compute costs, is in talks to raise ~€500M at a €1.5B+ valuation and has hit €100M ARR (Bloomberg)

Bloomberg : Sources: Spain-based Multiverse, which shrinks LLMs to reduce energy and compute costs, is in talks to raise ~€500M at a €1.5...

27 January 2025

DeepSeek could be an extinction-level event for venture capital firms that went all-in on foundational model companies; investors say they are not panicking (Dan Primack/Axios)

Dan Primack / Axios:
DeepSeek could be an extinction-level event for venture capital firms that went all-in on foundational model companies; investors say they are not panicking  —  - It's an open-source project hatched by a hedge fund, which at least for now seems aimed at developers instead of at enterprises or consumers.

Posted from: this blog via Microsoft Power Automate.

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