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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...

20 December 2023

OpenAI's deals with publishers are a hedge against a scenario in which scraping becomes harder, training material more expensive, and real-time data more scarce (John Herrman/New York Magazine)

John Herrman / New York Magazine:
OpenAI's deals with publishers are a hedge against a scenario in which scraping becomes harder, training material more expensive, and real-time data more scarce  —  This past week, Axel Springer, the German media conglomerate that owns Politico and Business Insider, signed a “multiyear licensing deal” …

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