• Qatar Development Bank invested in Multiverse Computing as part of the company’s EUR 500 million Series C round.
• The financing valued the Spain-founded AI language model developer at EUR 1.5 billion.
• Multiverse develops AI models, compresses third-party models, targets lower compute costs, reduced energy use, faster response times.
• The company will establish Doha as its regional headquarters to serve customers, pursue partnerships across the Middle East.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Qatar Development Bank QSC published the original content used to generate this news brief on August 05, 2026, and is solely responsible for the information contained therein.