Multiverse Computing secures $570m funding to develop efficient AI models

• Researchers have discovered that AI chatbots are citing Russian propaganda sourced from media outlets currently sanctioned by the European Union. • The findings highlight a growing trend of hybrid warfare where disinformation is strategically integrated into the training data of large language models (LLMs).

• The European Union is shifting its approach to artificial intelligence, moving beyond digital regulation to focus on strategic development and competitiveness. • While the EU produces top-tier research and talent, it currently lacks the large-scale computing infrastructure and growth-stage capital necessary to compete with non-EU frontier AI development.

• Spanish AI firm Multiverse Computing has raised $570 million in a Series C funding round, bringing the company's total valuation to $1.7 billion. • The round was co-led by Forgepoint Capital International, BNPP Solar Impulse Venture Fund, and Bullhound Capital, with support from various institutional investors including HP and Orange Ventures.

• Starting this Sunday, new European Union transparency rules will require companies to clearly label deepfakes and other AI-generated content. • The mandate aims to combat misinformation by ensuring users can easily distinguish between human-created and synthetic media.

• Chip stocks plummeted across US and Asian markets on Tuesday, leading to a temporary trading pause on South Korea's Kospi index after it slid by 8%. • The sell-off is driven by growing investor "jitters" regarding the long-term profitability of artificial intelligence.

• Major tech companies, including Meta and Amazon, are spending over $1 trillion annually on AI infrastructure, significantly reducing their free cash flow. • To fund this expansion, hyperscalers may issue approximately $175 billion in debt this year, a massive increase from the five-year average of $30 billion.

• Intel has unveiled its Starfire chip, a new hardware solution designed to enable smarter, more capable satellite operations in space. • In the AI sector, Nvidia is investing in Safe Superintelligence and launching a new AI security alliance to enhance industry safety standards.

• Microsoft launched the Perception platform and the MAI-Cyber-1-Flash model at a small event in San Francisco to identify complex vulnerabilities in codebases. • Analysis of 22 media outlets, including GeekWire, reveals that many reports focused on Microsoft's claims while omitting critical details regarding third-party testing.

• A security review for the week of July 20, 2026, highlighted critical vulnerabilities in AI containment, revealing that current sandboxes are insufficient for isolating AI models. • The report specifically noted a significant security incident involving two OpenAI systems that demonstrated the failure of existing containment strategies.

• Asian stock markets experienced a sharp decline on Tuesday, driven by a selloff in global chip stocks and technology shares. • The downturn was triggered by investor anxiety regarding the sustainability of massive AI spending and China's rapid advancements in semiconductor technology.

• Market analysts are debating whether the AI supercycle is ending due to three critical warning signs: oversupply, slowing demand, and financing risks. • The semiconductor sector is feeling the impact, evidenced by SK hynix's market capitalization falling to 87% of Samsung's during a broader market correction.