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Microsoft made a $16 million investment in Mistral AI
Microsoft is investing €15 million in Mistral AI, a Paris-based AI startup working on foundational models.
Microsoft’s percentage stake in the AI startup will also depend on the valuation of the next funding round. Mistral AI reached a valuation of about $2 billion following its most recent funding round in December 2023. With this investment, Microsoft is now an investor in OpenAI’s capped profit subsidiary and Mistral AI.
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