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thenextweb
Multiverse Computing targets a $570m Series C at a $1.7bn valuation to cut AI costs

Spanish deeptech company that shrinks large language models wants investors to bet that efficiency, rather than sheer scale, is where the next stretch of AI money gets made. Multiverse Computing, based in San Sebastián in Spain’s Basque Country, has opened a Series C round targeting up to $570m (€500m), the company said on July 27. […]<br /> This story continues at The Next Web [...]

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thenextweb
EliseAI is in talks to raise $300mn at a $3.7bn valuation

EliseAI is in talks to raise $300mn at a $3.7bn valuation, according to Business Insider. Katie Roof reported the round on Tuesday, citing sources familiar with it. Andreessen Horowitz and Bessemer Ve [...]

Match Score: 49.02

Destination
Apple Watch Series 11 review: A reliable wearable for when it matters most

The tenth generation of the Apple Watch came and went without much fanfare last year, and the arrival of the Series 11 is similarly subdued. Not much appears to have changed with Apple’s smartwatch, [...]

Match Score: 44.97

thenextweb
DeepSeek closes $7bn-plus round with an unusual structure

DeepSeek, the Chinese AI lab that unsettled the industry with a cheap, capable model last year, has closed its first round of outside funding, raising roughly 50 billion yuan, about $7bn, in a deal wh [...]

Match Score: 39.68

Destination
“Rewriting the blueprint, not removing bricks”: Multiverse Computing says it can shrink large AI models and cut memory use in half

Multiverse launches compressed OpenAI language model designed to cut memory needs and lower AI infrastructure costs. [...]

Match Score: 38.58

Destination
Apple Watch Series 11 vs. Apple Watch Series 10: Should you upgrade?

Apple’s September event put the spotlight on iPhones, but the Apple Watch Series 11 quietly picked up some big quality-of-life changes. The new watch looks the same as the Series 10, but there are m [...]

Match Score: 38.54

thenextweb
Multiverse raises $70m at a $2.1bn valuation to push its AI-adoption pitch across Europe

The round, led by Schroders Capital, follows January’s acquisition of Berlin-based StackFuel and 50% year-on-year revenue growth. Customers include the AA, Babcock, and Capital. Multiverse, the Lond [...]

Match Score: 37.33

thenextweb
China Telecom’s $1.7bn server deal hands Huawei a big win

China Telecom just ordered 40,000 servers worth $1.7bn. Huawei did not even bid, yet its ecosystem walked away with the bulk of the deal. That is not an accident. It is the template. A state-owned Chi [...]

Match Score: 36.56

thenextweb
Intel commits $5.7bn to Xeon production in Ireland

Intel is spending €5bn, or about $5.7bn, upgrading its campus at Leixlip outside Dublin, the company said on Monday. The money is not for a new fab. It is for getting more out of the ones already s [...]

Match Score: 36.56

thenextweb
Stripe reportedly acquires OpenRouter, the AI model router, for over $7bn

Stripe has, according to Bloomberg, finalised a deal to buy OpenRouter for more than $7bn. The payments giant declined to comment, and the sum is not officially confirmed, but the reported number tell [...]

Match Score: 36.56