Paris AI start-up Mistral AI has raised $415 million from well-known investors, including Andreessen Horowitz and Lightspeed. Mistral AI, which builds technology for chatbots and search engines, values the company at about $2 billion. The start-up is pushing the adoption of AI and converting into open-source technology, providing others with the opportunity to build chatbots. The company aims to challenge U.S. tech giants, as Europe sees AI as an area of potential growth. Other start-ups, like Perplexity, that believe in an open-source approach, have also received significant investments. One of the Mistral founders has worked with Meta, and the company’s technology has been shared publicly. Mistral’s open-source approach is seen as the safest path forward, as it allows for more widespread review of the technology.
French A.I. Start-Up, Mistral, Secures $2 Billion in Funding, Raises Valuation
The career of Roger Fidler exemplifies a warning: Sometimes, you can predict the future but still fall victim to it. Three decades ago, Mr. Fidler was a media executive promoting a vision of the future for newspapers. The rise of digital technology would allow for news to be accessed on portable devices all day long, […]Read More
Roger Fidler has had a front-row seat to the digital revolution in the newspaper industry. Thirty years ago, he was advocating for the future of newspapers as portable digital devices that would offer multimedia content to readers. While his vision has largely come to fruition with people constantly online and engaged with news, traditional media […]Read More
President Biden will issue an executive order to restrict the sale of American data to China, Russia, and four other countries in an effort to protect sensitive information from being used for malicious purposes. The order aims to prevent personally identifying data, such as locations, health records, and genetics, from being obtained by these countries […]Read More