Mistral AI
Founded in 2023 by Arthur Mensch, Guillaume Lample, and Timothée Lacroix, Mistral AI is a French startup that creates artificial intelligence products. Mistral AI has three models available, and has produced open source, large language models.
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Mistral AI has closed its much-rumored Series B funding round, raising €600 million (around $640 million) in a mix of equity and debt.
Mistral is no doubt looking to grow revenue as it faces considerable — and growing — competition in the generative AI space.
Mistral, the French AI startup backed by Microsoft and valued at $6 billion, has released its first generative AI model for coding, dubbed Codestral. Like other code-generating models, Codestral is…
Big Tech companies are plowing money into AI startups, which could help them dodge antitrust concerns
Another week and another round of crazy cash injections and valuations emerged from the AI realm. DeepL, an AI language translation startup, raised $300 million on a $2 billion valuation;…
The French Secretary of State for the Digital Economy as of this year, Marina Ferrari, revealed this year’s laureates during VivaTech week in Paris. According to its promoters, this fifth…
It’s not often that you hear about a seed round above $10 million. H, a startup based in Paris and previously known as Holistic AI, has announced a $220 million…
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Microsoft dodges UK antitrust scrutiny over its Mistral AI stake
Microsoft won’t be facing antitrust scrutiny in the U.K. over its recent investment into French AI startup Mistral AI.
Paris-based Mistral AI, a startup working on open source large language models — the building block for generative AI services — has been raising money at a $6 billion valuation,…
The UK is launching initial enquiries into Amazon and Microsoft over partnerships with AI companies Mistral, Anthropic, and Inflection.
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Welcome back to Equity, the podcast about the business of startups. This is our Wednesday show, focused on startup and venture capital news that matters.
Yesterday, Mistral AI, a Paris-based AI startup working on foundational models, announced a new large language model that could rival OpenAI’s GPT-4, a chat assistant and a distribution partnership with…
Paris-based AI startup Mistral AI is gradually building an alternative to OpenAI and Anthropic as its latest announcement shows. The company is launching a new flagship large language model called…
There’s a lot that can go wrong with GenAI — especially third-party GenAI. It makes stuff up. It’s biased and toxic. And it can run afoul of copyright rules. According…
VCs Elad Gil and Sarah Guo on the risks and rewards of funding AI: ‘The biggest threat to us in the short run is other people’
Last week, at our first StrictlyVC evening of the year, prominent AI investors Elad Gil and Sarah Guo joined us in San Francisco to talk about how they think about…
A European Union plan to support homegrown AI startups by providing them with access to processing power for model training on the bloc’s supercomputers, which was announced back in September…
TikTok loves e-commerce and VCs think Mistral AI will be fine (potential EU regulatory overhang or not)
Welcome back to Equity. Our Monday show covers the latest in tech news from the weekend and what’s making headlines early in the week.
French startup Mistral AI has officially closed its much anticipated Series A funding round. The company has raised €385 million, or $415 million at today’s exchange rate — according to…
Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you, here’s a handy roundup of recent stories in the world…
Kyutai is a French AI research lab with a $330 million budget that will make everything open source
This morning at Scaleway’s ai-PULSE conference, French billionaire and Iliad CEO Xavier Niel gave some extra details about his plans for an AI research lab based in Paris. This new…
Divisions over how to set rules for applying artificial intelligence are complicating talks between European Union lawmakers trying to secure a political deal on draft legislation in the next few…
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There’s something going on with AI startups in France
Last night, Motier Ventures held a tech meetup focused on AI startups featuring some of the most hyped tech startups in the French tech ecosystem: Dust, Finegrain, Gladia, Mistral AI and Scenario — all of them are portfolio companies of Motier Ventures. And you could feel a sense of excitement…
The most popular language models out there may be accessed via API, but open models — as far as that term can be taken seriously — are gaining ground. Mistral,…
Earlier this week, The New York Times shone a light on some of the desperation that founders are experiencing as they try and fail to secure compute power for their…
The result of an opaque funding environment is that a lot happens in secrecy. Founders keep their heads down, and people move in silence, especially people of color.
AI is well and truly off to the races: a startup that is only four weeks old has picked up a $113 million round of seed funding to compete against…
