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1 week agoMistral closes in on Big AI rivals with new open-weight frontier and small models | TechCrunch
The launch comes as Mistral, which develops open-weight language models and a Europe-focused AI chatbot Le Chat, has appeared to be playing catch up with some of Silicon Valley's closed source frontier models. The two-year-old startup, founded by former DeepMind and Meta researchers, has raised roughly $2.7 billion to date at a $13.7 billion valuation - peanuts compared to the numbers competitors like OpenAI ($57 billion raised at a $500 billion valuation) and Anthropic ($45 billion raised at a $350 billion valuation) are pulling.
Artificial intelligence
