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Mistral raises massive $640M to take on OpenAI, Anthropic in the global gen AI race


Since its launch, Mistral has made quite an image with a major focus on open-source models and the unorthodox approach of dropping torrents.

It guarantees the company’s continued independence, which remains fully under the founders’ control,” Arthur Mensch, co-founder and CEO of Mistral, said in a statement provided to VentureBeat. Since its launch last year, Mistral has made quite an image with a major focus on open-source models and the unorthodox approach of dropping torrent links to download and test them. It also launched Mistral Large, a proprietary model that sits just behind GPT-4 and outperforms Claude 2, Gemini Pro and GPT 3.5 with native proficiency across five languages and a context window of 32K tokens.

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