Multiverse Computing launches API for compressed AI models

Spanish startup Multiverse Computing is launching a self-serve API portal to provide developers and enterprises direct access to its compressed AI models. The move transitions the company beyond its previous app-based showcase, CompactifAI, which had fewer than 5,000 downloads in the past month. The new portal allows developers to bypass third-party marketplaces to access compressed versions of models from AI labs, including OpenAI, Meta, DeepSeek, and Mistral AI. “The CompactifAI API portal [now] gives developers direct access to compressed models with the transparency and control needed to run them in production,” said CEO Enrique Lizaso.

The technology aims to address rising compute costs by enabling edge computing—defined as computing performed on the user’s device rather than in the cloud. By running models like Gilda locally, enterprises can operate offline and maintain data privacy, provided their devices have sufficient RAM and storage. For instances where local hardware is insufficient, Multiverse uses a routing system called Ash Nazg to automatically direct requests to cloud-based models. The company claims its HyperNova 60B compressed model, derived from the 120b underlying model gpt-oss-120b, delivers faster responses at a lower cost than the original. This performance advantage is particularly relevant for agentic coding workflows, where AI autonomously completes complex, multistep programming tasks. Multiverse currently serves more than 100 global customers, including the Bank of Canada, Bosch, and Iberdrola.

This expansion occurs during a challenging period for private companies, with defaults running at upward of 9.2%. In response to financial instability in the AI supply chain, venture capital firms like Lux Capital have advised companies to secure written commitments for their compute capacity. Against this backdrop, Multiverse is expanding its capital structure:

• Series B Funding: The company raised $215 million last year.
• Rumored Round: Multiverse is rumored to be raising a fresh €500 million funding round.
• Rumored Valuation: The rumored round would value the company at more than €1.5 billion.

Why it matters

As compute costs rise and supply chain instability persists, Multiverse’s shift toward local, compressed AI models offers enterprises a way to bypass cloud-dependency and reduce operational risk.