MISTRAL AI, French Startup that became the European rival Openai

French company Mistral AIThe creator of artificial intelligence Le Chat And several open source fundamental models are recognized as one of the most promising French technology startups, and as the only European company, the ability to compete with Openai Has.

Reports. The company is attracting new capital that value it to $ 2 billion It is A figure that has grown dramatically over $ 2 billion in June. While Mistral AI introduces itself as “the Green and Planned Independent Laboratory of the World’s Artificial Intelligence”, it is not yet known as its biggest competitors.

France‘s president, Emmanuel MacronIn an interview before the Paris Artificial Intelligence Summit in February, he said:
“Go and download Le Chat, made by Mistral, not ChatGpt by Openai.”

What is Mistral AI?

Mistral AI, which has been operating since year 5, has raised significant budgets under the slogan “Putting the Progressive Artificial Intelligence in the hands of all”. The company offers open source models and highlights its open approach against the approach of large competitors such as Openai.

Chat Assistant Le Chat On iOS and Android is available and only two weeks after release, to 1 million downloads Receipt and ranked first free download at the French iOS store.

On July 1, Le Chat with new features including:

• “Deep research” state

• Multiplayed reasoning

• Editing advanced image

Updated and capable Projects Chats and documents were added to organize chats and documents. Since September 1, Le Chat Ability Memories To remember the previous conversations.

Mistral AI models and tools

• Mistral Large 2: Replace the original Mistral Large model

• Pixral Large: New Multiple Model (1)

• Magistral: Family of reasoning models (June 1)

• Mistral Medium 3: Suitable Coding and STEM Tasks

• VOXTRAL: Scholers Audio Model

• Devstral: Free Coding Model under APACHE 2.0

• Codestral: Code Production Model with Business Use Limit

• LES Ministraux: Optimized models for edge devices

Also tools like Mistral OCR To convert PDF to text and Mistral Code They have been presented for professional coding.

Founders and teams

Mistral AI was founded by three former US -based technology companies:

Consultants of the company include faces such as Jean-Charles Samuelian-Rero And His CedricThe former French digital minister is.

Open source and monetization models

All models are open. Free models include MISTRAL NEMO They are made in collaboration with Nvidia.

Le Chat has both free levels and Pro plan for $ 1.2 a month. The Mistral AI also earns the earnings through APIs, models of models, and strategic partnerships, although general revenue is still within the eight -digit range.

Partnerships and collaborations

Mistral AI has collaborated with various companies and institutions:

• Microsoft: Distribution of models through Azure

• AFP (AFP): Access to text archives

• Cooperation with the French, IBM, Orange and other companies

The company also Mistral ComputeThe European platform has introduced artificial intelligence equipped with NVIDIA processors, and the “Citizens’ Artificial Intelligence Project.”

Capital Collect

• June 1: $ 1 million, $ 5 million.

• Serie A.: € 5 million, $ 5 billion value

• June 1: € 5 million, $ 5 billion.

• New investment: € 5 billion, $ 5 billion

Artificial intelligence and future policies

Mistral AI supports EU law, but calls for more opportunity to adapt. Arthur Manesh has announced that the Mistral is not “for sale”, but the initial supply of shares is planned.