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Sources: Spain-based Multiverse, which shrinks LLMs to reduce energy and compute costs, is in talks to raise ~€500M at a €1.5B+ valuation and has hit €100M ARR (Bloomberg)

Bloomberg : Sources: Spain-based Multiverse, which shrinks LLMs to reduce energy and compute costs, is in talks to raise ~€500M at a €1.5...

3 October 2023

Email: Chainalysis lays off ~150 employees, or 15%+ of its staff, and plans to focus on government contracting; the company cut staff by ~5% in February 2023 (Steven Ehrlich/Forbes)

Steven Ehrlich / Forbes:
Email: Chainalysis lays off ~150 employees, or 15%+ of its staff, and plans to focus on government contracting; the company cut staff by ~5% in February 2023  —  Chainalysis is laying off approximately 150 employees, or slightly more than 15% of its staff of 900, CEO Michael Gronager told employees …

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