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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...

10 February 2026

Sources: KPMG negotiated lower fees from auditor Grant Thornton by arguing that AI will make it cheaper to do the work, and threatened to find a new auditor (Stephen Foley/Financial Times)

Stephen Foley / Financial Times:
Sources: KPMG negotiated lower fees from auditor Grant Thornton by arguing that AI will make it cheaper to do the work, and threatened to find a new auditor  —  Big Four accounting firm's move to cut fees for its own audit comes amid debate over pricing model

Posted from: this blog via Microsoft Power Automate.

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