Microsoft Invests in French Startup Mistral AI to Foster AI Innovation
The investment expands Microsoft’s reach in the AI industry beyond ChatGPT creator OpenAI.
OpenAI’s Rival Mistral AI Valued at $2B after Latest Funding Round
Unlike its competitors, Mistral AI chose to make its model available as a free download instead of providing access through APIs. This approach empowers developers to run the model on their own devices and servers.
OpenAI Rival Mistral AI Set to Raise Funds from a16z and Others at $2B Valuation
With a valuation of $2 billion within its first year, Mistral’s rapid ascent reflects the tech industry’s unwavering optimism regarding the future potential and profitability of AI businesses.
Mistral AI Completes $113M Seed Funding Round, Set to Take AI Space by Storm
By the company’s estimates, its first models for text-based generative AI will be released by 2024.