Tag: mistral
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Mistral: French AI firm announces Le Chonk, a new, private model
The company’s new model, named “Le Chonk,” is its first release in five months. Mistral says it outruns some of its Chinese competitors in several areas.
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France’s Mistral launches AI model it says outperforms some Chinese rivals
PARIS, Oct 6 : French AI startup Mistral unveiled a new AI model on Tuesday, ending a gap of about five months between major releases, and said it outperforms many rival open-weight models.The three-year-old company, widely viewed as Europe’s strongest AI challenger to US and Chinese competitors, has not rele
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France’s Mistral announces new AI model
PARIS, Oct 6 : French AI company Mistral on Tuesday announced a new AI model, which the company said outperforms some Chinese open-weight models.The 3-year-old startup is seen as Europe’s best hope of fielding a home-grown competitor to US and lower-cost Chinese rivals. Mistral had not released a new model s
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French AI company Mistral hits $24 billion valuation in funding round
PARIS, Sept 8 : France’s Mistral has raised €3 billion at a valuation of around €21 billion ($24 billion), in what the three-year-old AI company said on Tuesday was the biggest equity funding round by a privately owned European technology firm.Mistral said that the round was jointly led by existing invest
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Samsung in talks to invest in Mistral at 20 billion euro valuation, FT reports
July 22 : South Korea’s Samsung is in talks to invest hundreds of millions of euros in the AI start-up Mistral, as part of a fundraising round that could value the group at roughly €20 billion ($22.81 billion), Financial Times reported on Wednesday, citing sources. Samsung could invest about €1 billion in
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Microsoft to fund Mistral’s European AI expansion in multibillion-dollar deal
SAN FRANCISCO, July 21 : Microsoft has agreed to spend billions of dollars on Mistral’s computing infrastructure in Europe under a deal that will also expand distribution of the French AI startup’s technology through the U.S. cloud and software giant, the companies said on Tuesday.As part of the agreement, Mi
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Mistral launches first robotics model in physical AI push
July 8 : Paris-based Mistral AI on Wednesday unveiled its first robotics model as Europe’s leading AI company pushes into factories, warehouses and industrial automation.The launch follows Mistral’s acquisition of Austria’s Emmi AI in May and comes months after Paris-based startup Genesis AI unveiled a broad
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