OpenAI rival Mistral AI is now worth $6 billion

From Quartz: 2024-06-13 16:27:00

French artificial intelligence start-up Mistral AI, founded by Arthur Mensch, raised $645 million in funding, valuing the company at $6.2 billion. This surpasses peers like Cohere and Hugging Face but falls short of OpenAI at $80 billion and Anthropic at over $18 billion. E.U. officials are scrutinizing Mistral’s Microsoft partnership. Mistral aims to be the most capital-efficient AI company.



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