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Microsoft-backed Mistral AI raises $645 million at a $6 billion valuation
Mistral AI is just more than a year old but has raised huge sums of money and is vying to take on the likes of OpenAI and become Europe's AI champion.
French founder of artificial intelligence startup Mistral AI, Arthur Mensch, attends the Viva Technology show at Parc des Expositions Porte de Versailles in Paris, France, on May 22, 2024. Mistral AI is building so-called large language models, which underpin applications such as chatbots popularized by ChatGPT. On the social media platform X, Mensch thanked the company's new and existing investors "for their continued confidence and support for our global expansion."
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