Spain Invests €67 Million in quantum-Inspired AI Startup Multiverse Computing
Table of Contents
- 1. Spain Invests €67 Million in quantum-Inspired AI Startup Multiverse Computing
- 2. Multiverse Computing: Compressing AI for a Sustainable Future
- 3. Spanish Society for Technological Transformation (SETT) Facilitates Investment
- 4. Recognition and Future Potential
- 5. €200 Million in Grants to Integrate AI Across Industries
- 6. “R+D Missions in AI” Program Showcases Tangible Results
- 7. Key Projects Demonstrated:
- 8. Spain’s AI Future: A call to Action
- 9. What are Dr.Elena Ramirez’s thoughts on the future impact of AI on Spain’s economy?
- 10. multiverse Computing: Interview with Dr.Elena Ramirez on Spain’s Quantum-Inspired AI Investment
- 11. understanding the Impact of Spain’s Quantum-Inspired AI Investment
- 12. The Meaning of Compressing AI Models
- 13. The Role of the Spanish Society for technological Transformation (SETT)
- 14. Beyond Multiverse: Broader AI Initiatives in Spain
- 15. Addressing Potential Challenges and Ethical Considerations
- 16. The Future of AI in Spain: A Call to Action
Barcelona, March 4, 2025 – The Spanish government is making a significant move into the future of AI, announcing a €67 million co-investment in Multiverse Computing, a San Sebastian-based company specializing in quantum-inspired software. Óscar López, the Minister for Digital Change and Public Function, revealed the investment during MWC barcelona 2025, signaling Spain’s commitment to becoming a leader in energy-efficient AI technologies.
Multiverse Computing: Compressing AI for a Sustainable Future
Multiverse Computing’s core innovation lies in its ability to compress AI models down to a mere 10% of their original size. This dramatic reduction in size translates to lower resource consumption and enhanced efficiency, opening doors to use cases previously limited by computational constraints.
“With this operation, we seek to position Spain as a benchmark in energy-efficient AI language models, scaling the development of compaction tools that compress language models by up to 90%, reducing costs and energy consumption while increasing the technological independence of Spain and Europe,” said Minister López.
Imagine running complex AI models on your smartphone or virtual reality glasses without needing a supercomputer, even when offline. This is the potential unlocked by Multiverse Computing’s technology, promising wider access and reduced energy footprints.
Spanish Society for Technological Transformation (SETT) Facilitates Investment
The investment will be channeled through the Spanish Society for Technological Transformation (SETT), highlighting the government’s strategic approach to fostering technological advancements within the country. This move aims to bolster Spain’s position in the global AI landscape and drive innovation across various sectors.
Recognition and Future Potential
Multiverse Computing’s innovative approach has already garnered significant recognition. In 2024, DIGITALEUROPE, the leading association for digitally transforming industries in europe, identified Multiverse Computing as a potential future European unicorn. LinkedIn also recognized the company’s promise, listing it among the top 20 most promising startups in Spain during the same year.This recognition underscores the company’s potential impact on the AI landscape.
€200 Million in Grants to Integrate AI Across Industries
Beyond the investment in Multiverse Computing, the Spanish government is also launching new grant programs to encourage AI adoption across various sectors.
- €130 Million from ERDF Funds: These grants, up to €5 million per project, will be managed through Red.es and are designed to support experimental development projects utilizing AI technologies.The goal is to encourage companies to integrate technologies like machine learning, deep learning, and generative AI into their operations. López stated these grants “will allow our companies to launch experimental development projects in wich intensive use will be made of technologies associated with AI, such as machine learning and deep learning, generative AI or LLMs, among others.”
- €50 Million for AI in Healthcare: This initiative specifically targets the integration of AI in the health sector, aiming to improve patient care and streamline healthcare operations.
- €24 Million for SMEs: Building on a previous call to action, this funding aims to promote the use of AI and data among Spanish SMEs, empowering smaller businesses to leverage AI for growth and efficiency.
These initiatives represent a significant investment in Spain’s AI capabilities, with Minister López noting that, added together “are more then 200 million euros of European funds–ERDF and RTRP–that will be activated in the coming days and that will allow us to continue exploiting our strengths in the field of Artificial Intelligence.”
“R+D Missions in AI” Program Showcases Tangible Results
The announcements were made during the “CambIA: from research to business” event at MWC Barcelona 2025, highlighting the results of the “R+D Missions in AI” program. This €50 million initiative,launched in 2021,has successfully developed real-world use cases for AI across strategic sectors.
Key Projects Demonstrated:
- TartaglIA (Health Sector): This project, backed by €7 million, created the UTILE platform for secure data sharing among healthcare institutions. A key initiative includes a system for detecting cognitive impairment in patients’ voices,which could indicate an increased risk of Alzheimer’s.
- AgrarIA (Agricultural Sector): with a €9 million investment, AgrarIA has created a platform where the entire agricultural value chain can implement AI applications. Use cases include forecasting crop yields with satellite imagery and early detection of tomato pests using drones. Digital twins modelling energy expenditure have also shown savings of up to 40% in electricity consumption.
- IA4TES (sustainable Energy Transition): This €12 million project, led by Iberdrola, has developed over 60 use cases for AI in sustainable energy.One notable submission is the use of AI to detect birds near wind turbines, allowing the blades to be stopped before impact, protecting wildlife.
“we are talking about initiatives that bring tremendous added value to the health, agriculture and energy sectors,” emphasized the minister. “TartaglIA, AgrarIA and IA4TES are tangible proof that AI can be competitive, responsible and useful for people; they represent three success stories of public investment in research and technology transfer.”
Spain’s AI Future: A call to Action
Spain’s significant investment in Multiverse Computing and the broader AI ecosystem underscores its commitment to becoming a leader in this transformative technology. By focusing on energy efficiency and practical applications, Spain is positioning itself to reap the economic and societal benefits of AI. Explore how these developments can impact your industry and consider how AI integration can drive innovation and efficiency in your own institution.
What are Dr.Elena Ramirez’s thoughts on the future impact of AI on Spain’s economy?
multiverse Computing: Interview with Dr.Elena Ramirez on Spain’s Quantum-Inspired AI Investment
Spain’s recent €67 million investment in Multiverse Computing has sent ripples through the AI community.Archyde News spoke with Dr.Elena Ramirez, a leading AI ethics and development specialist at the fictional Barcelona Institute for Advanced Technology (BIAT), to dissect the implications of this move.
understanding the Impact of Spain’s Quantum-Inspired AI Investment
Archyde News: Dr. Ramirez, thank you for joining us. What’s your initial reaction to Spain’s significant investment in Multiverse Computing and their quantum-inspired AI technology?
Dr. Elena Ramirez: Thank you for having me. I think it’s a very strategic and forward-thinking move. Multiverse Computing’s focus on compressing AI models, thus reducing energy consumption, aligns perfectly with the growing need for enduring AI solutions. This investment not only boosts Spain’s technological capabilities but also positions it as a leader in energy-efficient AI.
The Meaning of Compressing AI Models
Archyde News: Multiverse Computing claims to compress AI models to just 10% of their original size. How significant is this compression in practice?
Dr. Elena Ramirez: It’s a game-changer. Consider the energy required to train and run large language models. Reducing the size by 90% drastically cuts down on computational resources,making AI more accessible and environmentally kind. Imagine deploying complex AI models on smartphones or in remote locations with limited infrastructure.This compression makes that reality.
The Role of the Spanish Society for technological Transformation (SETT)
Archyde News: The investment is channeled through the Spanish Society for Technological Transformation (SETT).What dose this signify?
Dr. Elena Ramirez: it indicates a cohesive, national strategy. SETT acting as the conduit demonstrates a deliberate governmental effort to nurture technological advancements. It’s a well-organized approach to streamline investments and ensure they align with national goals for AI development.
Beyond Multiverse: Broader AI Initiatives in Spain
Archyde News: Besides Multiverse computing, the Spanish government is also launching grant programs for AI across different sectors, with significant funding allocated for Healthcare and SMEs. What is your opinion on this broader support ?
Dr. Elena Ramirez: It is crucial.Investing in specific sectors like healthcare and SMEs will allow them to leapfrog into the digital future and give them a competitive edge. Also, the fact that they build on programs like “R+D Missions in AI” shows that the spanish governement learned from it’s investment and want to replicate and expand on triumphant tactics.
Addressing Potential Challenges and Ethical Considerations
Archyde News: With such rapid advancement in AI, what ethical considerations should Spain be especially mindful of as it embraces these new technologies?
Dr. Elena Ramirez: That is an critically important factor. As AI becomes more pervasive, issues like data privacy, bias in algorithms, and job displacement become even more critically important. Spain needs to ensure that AI development is guided by strong ethical principles and robust regulatory frameworks that protect citizens and promote fairness.
The Future of AI in Spain: A Call to Action
Archyde News: how do you see Spain’s commitment to AI, and especially this investment in Multiverse Computing, impacting the global AI landscape in the long term?
Dr. Elena Ramirez: Spain is not only building its own AI capabilities but also setting an example for other nations. By prioritizing energy-efficient AI and fostering a strong ecosystem of innovation, Spain can become a vital player in shaping the future of AI. it’s a bold move that has the potential to inspire other countries to adopt a more responsible and sustainable approach to AI development.
Archyde News: Dr.Ramirez with so much development and attention towards AI,what sector do you yourself hope to see get increased benefits and attention from development in the AI space in the near-future across the European continent?
Dr.Elena Ramirez: A very broad yet pressing issue, AI has a great capacity to tackle important issues relating to climate and environmental concerns.By utilizing AI for data analysis, research, and creating actionable plans on an international level, our communities could begin down a more sustainable path.
Archyde News: Dr. Ramirez, thank you for your insightful outlook.
Dr. Elena Ramirez: My pleasure.
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