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ETtech Explainer: All you need to know about OpenAI’s rival Mistral AI

Economic TimesEconomic Times · 8m
ETtech Explainer: All you need to know about OpenAI’s rival Mistral AI

Microsoft has partnered with French AI startup Mistral AI, allowing Mistral's AI models to run on Microsoft's Azure cloud platform. Microsoft will acquire a minority stake in Mistral AI. Mistral AI's latest model, Mistral Large, will be made available to Azure customers. The company has previously signed similar deals with Google and Amazon to distribute its models. Mistral AI's Mixtral 8x7B model claims to outperform competitors on performance benchmarks while using a cost-efficient methodology. Mistral AI recently raised $415 million in a funding round, bringing its valuation to around €2 billion. The startup is led by CEO Arthur Mensch and co-founders Guillaume Lample and Timothee Lacroix.

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