Multiverse Computing, a global leader in quantum AI software solutions, has expanded to the US with the opening of an office in San Francisco. The new office will be led by Chris Zaharias, who was recently named Vice President of Sales. With this expansion, Multiverse Computing aims to accelerate adoption of its AI and quantum-based solutions among US-based customers, including government and businesses.
The company’s CEO, Enrique Lizaso Olmos, praised Zaharias’ experience in leading sales at numerous venture-funded software startups. Multiverse Computing was recently selected to participate in the 2024 AWS Generative AI Accelerator program, which will help expand the capabilities of its CompactifAI software. This software uses tensor networks to optimize large AI models, reducing energy demands and development costs.
With offices now in seven countries, including Spain, Canada, France, Germany, the UK, Italy, and the US, Multiverse Computing is poised to further establish itself as a leading player in the quantum AI software market.
Expansion into the US Market: Multiverse Computing Opens San Francisco Office
Multiverse Computing, a prominent player in the quantum AI software solutions market, has announced its expansion into the United States with the opening of an office in San Francisco. This strategic move enables the company to accelerate the adoption of its AI and quantum-based solutions by US-based customers, including government agencies and businesses.
The San Francisco branch will be led by Chris Zaharias, who has been appointed as Vice President of Sales. With a strong background in managing sales at numerous venture-funded software startups, Zaharias brings valuable experience to his new role. His previous endeavors include Omniture, Efficient Frontier (acquired by Adobe), SearchQuant, and iMerit.
The expansion into the US market is a significant milestone for Multiverse Computing, which has already established offices in Canada, France, Germany, Spain, Italy, and the UK. According to Enrique Lizaso Olmos, CEO of Multiverse Computing, “We recognized the need for a strong leader to spearhead projects with quantum and AI-based solutions in the North American market, and Chris fit the bill.” The company is confident that Zaharias’ expertise will help achieve its goals in the US.
Leadership and Expertise: Chris Zaharias at the Helm
Chris Zaharias, the newly appointed Vice President of Sales, brings a wealth of experience to his role. With a background in managing sales at numerous venture-funded software startups, he has developed a deep understanding of the industry. His previous roles include Omniture, Efficient Frontier (acquired by Adobe), SearchQuant, and iMerit.
Zaharias’ appointment is seen as a strategic move by Multiverse Computing to establish a strong presence in the US market. According to Zaharias, “Multiverse Computing is a groundbreaking organization, and I’m thrilled to lead its expansion into the US market.” He believes that being based in San Francisco will provide access to some of the best tech talent in the world, which can help take the company to new heights.
Accelerating AI Research: Multiverse Computing Selected for AWS Generative AI Accelerator Program
Multiverse Computing has been selected to participate in the 2024 AWS Generative AI Accelerator program, a competitive program that chose 80 startups out of thousands of applicants. The program provides AWS credits, mentorship, and other resources to further research into AI and ML and expand their businesses.
As part of this program, Multiverse Computing plans to expand the capabilities of CompactifAI, a software that uses tensor networks to optimize large AI models by creating smaller, more efficient versions. CompactifAI reduces the significant energy demands required to train and run large language models (LLMs) like ChatGPT and Bard. The software also can reduce development costs and make it easier to integrate these models into more digital services.
Quantum AI Software Solutions: Multiverse Computing’s Flagship Products
Multiverse Computing is a leading AI and quantum software platform dedicated to applying quantum and quantum-inspired AI solutions to address complex challenges in various industries, including finance, energy, manufacturing, logistics, space, life sciences, healthcare, and defense. The company’s flagship product, Singularity, allows professionals across all industries to leverage quantum computing to speed up and improve the accuracy of optimization and AI models with existing and familiar software tools.
In addition to Singularity, Multiverse Computing has developed CompactifAI, a LLM compressor that uses quantum-inspired tensor networks to make AI systems such as large language models more efficient and portable. This technology reduces size by over 90%, with only a 2-3% drop in accuracy, and with over 50% savings in retraining and inference costs.
Multiverse Computing’s team of over 160 full-time employees, comprising 40% PhDs and representing more than 43 nationalities, is dedicated to pushing the boundaries of quantum computing. The company’s intellectual property portfolio with nearly 100 patents and over 40 research publications underscores its commitment to innovation.
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