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Spain Bets Big on AI Compression Tech with €67M Investment

Spain Bets Big on AI Compression Tech with €67M Investment

Mar 05, 2025
EU-Startups

Spain takes a bold step in AI innovation, investing €67M in Multiverse Computing to acquire a stake in the company's groundbreaking AI compression technology that shrinks models by 90% while preserving performance, paving the way for cost-effective and sustainable AI adoption across industries.

Funding Geopolitics Hardware
Nvidia CEO: Export Controls Halved China Revenue

Nvidia CEO: Export Controls Halved China Revenue

Feb 27, 2025
CNBC

Nvidia's CEO Jensen Huang revealed that the company's revenue in China was slashed in half due to export controls, shedding light on the significant impact of trade restrictions on the tech giant's business operations in the Chinese market.

Geopolitics Hardware Business
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