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The current resource-hogging generative AI technologies could run into a wall, prompting many companies to look for more efficient compute. Some are on the bleeding edge: See the “food for thought” item below. But others are already well underway on a number of fronts, such as Multiverse Computing, which is using quantum computing-inspired software for AI model training, as well as Efficient Compute, Neural Magic, Taalas and, not least, Groq, the current hot thing in chatbots thanks to its ultrafast language-optimized custom processor.
"The real idea was, OK, we have AI systems that are expensive to train — they are large and so on, and could we just prepare something that is not only smaller, because you have to fit the system somewhere, but also consumes less energy,” said Enrique Lizaso (pictured), co-founder and chief executive officer of Multiverse Computing. “We analyzed the problem and said, ‘Yes, this is a particular problem that fits into quantum computing.’ Then, at some point … somebody inside the company suggested, ‘OK, we have done that in the manufacturing line … can we apply that to LLMs?'"
By @roman Orus, co founder & CSO - EETimes As 2024 unfolds, the realm of quantum technology teems with anticipation, ready to open a new chapter of groundbreaking advancements. The past few years, especially 2023, were a prologue to what appears to be a pivotal year ahead. While I may not possess a crystal ball (I wish I did!), my immersion in the quantum domain allows me to sketch out the trends likely to shape the quantum landscape this year.
28 March 2024 - Brussels, Belgium -- Multiverse Computing, a global leader in value-based quantum computing solutions, today announced that it has been selected by the EIC Scaling Club as one of the highest-potential European deep-tech scale-ups poised to make a positive global impact.
Multiverse Computing and cybersecurity experts CounterCraft develop explainable AI model that can spot known and unknown attacks
Por Expansión 19 de Marzo 2024 Multiverse es la tercera empresa que más patento en 2023 en España
European quantum startup to deliver continued developments in quantum and quantum-inspired algorithms and AI with a funding round led by Columbus VC and Quantonation VC. Series A round led by Columbus Venture Partners and Quantonation Largest quantum software financing round Funds will fuel the development of Singularity and CompactifAI, enabling quantum computing applications across industries
La startup cuántica europea seguirá desarrollando algoritmos cuánticos y de inspiración cuántica e IA en una ronda de financiación liderada por Columbus Venture Partners y Quantonation Ventures. • Serie A liderada por Columbus Venture Partners y Quantonation Ventures • La mayor ronda de financiación de software cuántico • Los fondos impulsarán el desarrollo de los productos Singularity y CompactifAI, permitiendo aplicaciones de computación cuántica en multiples sectores
Quantum software company recognized as the European scale-up with the most potential to reach $1 billion in value by digital transformation industry group
BasqueFIK estará presidido por Jon Ander de las Fuentes (Artizarra Fundazioa) y Fernando del Hoyo (Kutxabak) será vicepresidente. El grupo promotor está compuesto por entidades principalmente privadas, si bien, el Gobierno Vasco mantiene su representación en el clúster, a través de Gestión Capital Riesgo (Grupo SPRI) y el Instituto Vasco de Finanzas, y la Diputación Foral de Bizkaia, a través de Seed Capital Bizkaia. El resto de entidades promotoras de carácter privado son ABE capital partners SGEIC, Elkargi, Federación de entidades de Previsión Social Voluntaria de Euskadi, Fundación BBK, Garrigues, IKEI Research & Consultancy, Kaizaharra Corporacion Empresarial, Kutxabank, Laboral Kutxa, Multiverse Computing, Norgestion S.A, SANTANDER, Sociedad Rectora de la Bolsa de Valores de Bilbao, S.A.U., Artizarra Fundazioa y Tecnalia Ventures.
Quant Strats 2024 will take place on March 12 at the Quorum by Convene, New York. For more information download the agenda below. What has been you /your firm’s top 3 priorities for the coming year? Our top 3 priorities are: To transition from a services based business model to SaaS; To sell 100 licenses To release our new product for Large Language Models: CompactifAI
$1.4 million hardware and software contracts to focus on improving superconducting single photon detectors, a building block of quantum communications
Large language models like ChatGPT have revolutionized content creation. From writing code to offering nuanced, human-like conversations through customer service chatbots, businesses are now able to generate personalized content using foundation models trained on tens of billions of words.
El proyecto ONTZHi ‘Tecnologías Claves para el Almacenamiento y Transporte (A&T) de Hidrógeno’ anunció su inicio, “con el objetivo avanzar en la seguridad, eficiencia y sostenibilidad del almacenamiento y transporte de hidrógeno”, según informaron fuentes del consorcio en un comunicado de prensa. Con una duración total de dos años y apoyado por el Programa Elkartek 2023 del Gobierno Vasco esta iniciativa se centra en abordar los desafíos actuales asociados con el hidrógeno como vector energético.
Multiverse Computing, Europe’s largest quantum and quantum-inspired software AI company, set up its UK presence in early 2023. As a UK company, it has already won projects to collaborate with global names like Moody’s UK as part of Innovate UK’s Quantum Catalyst Fund.
Quantum software company makes shortlist of 10 most promising European tech scale-ups with potential to become billion-dollar companies.
The quantum community has a reason to celebrate some important milestones in 2023, while looking ahead with a mix of optimism and even a little concern. Here’s a collection of reflections of 2023 and predictions for 2024 contributed by some of the ecosystem’s best known experts and thought leaders, including officials from Quantinuum, Terra Quantum, IQM Computers, Keysight and D-Wave.
The convergence of quantum computing and artificial intelligence (AI) has sparked a new era of technological advancements. Quantum computing, with its ability to harness the principles of quantum mechanics, introduces a paradigm shift in computational power and problem-solving capabilities. With the global market projected to reach a staggering value of USD 4,375 Million by 2028, growing at an impressive compound annual growth rate (CAGR) of 38.3%, the impact of quantum computing on AI cannot be overstated. This article explores quantum computing, its expected impact on AI, and its potential to drive progressive developments across diverse industries.
Moody’s Analytics risk experts to provide quantum solutions for machine learning, optimization and pricing, and simulation problems via Software-as-a-Service
The digital twin project, from Multiverse Computing, uses quantum algorithms to optimize hydrogen production
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