From Yahoo Finance: 2025-05-07 10:02:00

French startup Mistral AI has launched its Le Chat chatbot for corporate use, tripling revenue in the last 100 days. The enterprise version now integrates with content management systems like Microsoft’s SharePoint and Google Drive, catering to demand outside the U.S.

CEO Arthur Mensch reported significant growth in Europe and beyond, with fast expansion in the U.S. Mistral, valued at $6 billion, saw $30 million in revenue last year. The company is distancing itself from U.S. cloud providers to offer independent services to customers.

U.S. President Donald Trump’s strained relationship with Europe due to trade policies and diplomacy marks his second term. Mistral AI is focusing on independent compute capabilities, allowing customers to deploy Le Chat on their own cloud infrastructure without relying on U.S. companies.

Read more: French startup Mistral launches chatbot for companies, triples revenue in 100 days