Mistral AI, the French company that develops the AI chatbot, Le Chat, and several foundational large language models, is considered one of France’s most promising tech startups, and is arguably the only European company that could compete with OpenAI. “Go and download Le Chat, which is made by Mistral, rather than ChatGPT by OpenAI — […]
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Mistral AI, the French company behind AI assistant Le Chat and several foundational models, is officially regarded as one of France’s most promising tech startups and is arguably the only European company that could compete with OpenAI. It is reportedly in the process of raising another round that would value it at $14 billion, up
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French AI startup Mistral AI is finalizing a €2 billion investment at a post-money valuation of $14 billion, reports Bloomberg, positioning the company as one of Europe’s most valuable tech startups. The two-year-old OpenAI rival, founded by former DeepMind and Meta researchers, develops open source language models and Le Chat, its AI chatbot built for
Mistral, the French AI giant, is reportedly on the cusp of securing a $14B valuation Read More »
Mistral AI, the French company behind AI assistant Le Chat and several foundational models, is officially regarded as one of France’s most promising tech startups and is arguably the only European company that could compete with OpenAI. But compared to its $6 billion valuation, its global market share is still relatively low. However, the recent
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French AI lab Mistral introduced a range of new features to its Le Chat chatbot on Thursday that bring it closer to the capabilities of rivals like OpenAI and Google. The new update includes a new “deep research” mode, native multilingual reasoning, and advanced image editing. The news comes a couple of days after Mistral
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As AI systems become more capable, speech is fast becoming the default way we communicate with machines. French AI startup Mistral has jumped into the audio race with its first open model, aiming to challenge the dominance of walled-off corporate systems with open-weight alternatives. On Tuesday, Mistral announced the release of Voxtral, its first family
Mistral releases Voxtral, its first open source AI audio model Read More »
French AI startup Mistral is in talks to raise up to $1 billion in equity from investors including Abu Dhabi’s MGX fund, reports Bloomberg, citing people familiar with the matter. Mistral is also talking to French lenders like Bpifrance SACA to raise hundreds of millions of euros in debt, per Bloomberg. TechCrunch has reached out
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French AI lab Mistral is getting into the reasoning AI model game. On Tuesday morning, Mistral announced Magistral, its first family of reasoning models. Like other reasoning models — e.g. OpenAI’s o3 and Google’s Gemini 2.5 Pro — Magistral works through problems step-by-step for improved consistency and reliability across topics such as math and physics.
Mistral releases a pair of AI reasoning models Read More »
French AI startup Mistral is releasing its own “vibe coding” client, Mistral Code, to compete with incumbents like Windsurf, Anysphere’s Cursor, and GitHub Copilot. Mistral Code, a fork of the open source project Continue, is an AI-powered coding assistant that bundles Mistral’s models, an “in-IDE” assistant, local deployment options, and enterprise tooling into a single
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AI startup Mistral on Wednesday announced a new AI model focused on coding: Devstral. Devstral, which Mistral says was developed in partnership with AI company All Hands AI, is openly available under an Apache 2.0 license, meaning it can be used commercially without restriction. Mistral claims that Devstral outperforms other open models like Google’s Gemma
Mistral’s new Devstral AI model was designed for coding Read More »
