From TradingView:

Microsoft invested $13.5 billion in OpenAI, boosting stock by over 56% in the past year. A deal with Mistral, a French AI start-up, includes a financial investment, valuation of €2 billion, and partnership to build applications for European governments. Mistral will provide commercial language models to Microsoft’s Azure platform.

Founded in 2023, Mistral focuses on generative AI through large language models, like Microsoft’s OpenAI. Valued at €2 billion after a funding round led by Andreessen Horowitz, Mistral aims to make its technology open source for public contribution. The French start-up has garnered praise for its models, attracting corporate interest.

Microsoft’s strategic investment in AI is paying off, with recent profits surpassing market estimates. Sales of AI-driven products like Copilot and cloud services have boosted revenue growth. With a diversified portfolio and strong cloud business, Microsoft remains a top pick for investors looking to capitalize on the AI revolution.



Read more at TradingView: Forget OpenAI, Here’s the New AI Start-Up Set to Boost Microsoft Stock — TradingView News