Mistral AI

Move over ‘PayPal Mafia.’ What Happened: Fourteen Silicon Valley savvy ex-Google employees with an artificial intelligence-first mindset are leading some of the most cutting-edge startups. Together, these startups boast a jaw-dropping valuation of $71.61 billion, according to research...

In a recent development, Index Ventures has successfully amassed over $2 billion, to leverage the latest breakthroughs in artificial intelligence (AI). What Happened: Known for its early-stage investments in companies such as Mistral, Discord, and Figma, Index Ventures is bullish about AI’s...

Mistral AI, a French tech startup backed by Microsoft, has raised $645 million in a funding round, bringing its valuation to $6 billion. What Happened: The funding round was led by venture capital firm General Catalyst and included contributions from existing investors, CNBC reported on Wednesday....

Mistral AI, a Paris-based startup, launched in early 2023 aiming to compete with OpenAI in the European market by developing generative artificial intelligence tools, is setting its sights on the U.S. market. Marjorie Janiewicz, the former chief revenue officer of Foursquare, was hired in May as...

Mistral AI CEO Arthur Mensch threw shade at rival OpenAI CEO Sam Altman, saying that the pursuit of artificial general intelligence (AGI), is just an attempt at “creating God.” What Happened: Mensch, who is the co-founder and CEO of the Paris-based AI company, Mistral, recently spoke...

Microsoft Corp (NASDAQ:MSFT) insiders are expressing concerns that the company’s AI strategy is becoming too focused on its partnership with ChatGPT-maker OpenAI, to the extent that it is being dubbed the “IT for OpenAI.” What Happened: Some Microsoft insiders are worried that the...

‘Godfather of AI' Yann LeCun thinks that Mistral AI's successful launch of its latest large-language model has set open-source AI models on the path to overtake proprietary ones from the likes of OpenAI, Google, and others. What Happened: LeCun, Meta Platforms Inc.'s (NASDAQ:META) chief AI...

French startup Mistral AI raised $415 million, or €385 million, as part of a series A funding round. Lightspeed Venture Partners and Andreessen Horowitz were among the main investors. Salesforce (NASDAQ:CRM), BNP Paribas (OTCQX:BNPQF), CMA-CGM, General Catalyst, Mixer Labs co-founder Elad Gil, and...