In other AI investment news, Paris-based startup Mistral AI is reportedly seeking funds at a $6 billion valuation, triple its December valuation. The company, founded by former Meta Platforms and Google DeepMind employees, develops open-source large language models crucial for generative AI services. The funding round is expected to be close to, but under, $600 million. These investments highlight the increasing stakes in the race to harness AI's transformative potential.
Key takeaways:
- Microsoft is investing $3.3 billion in an AI data center in Wisconsin, aiming to educate employees and manufacturers on optimizing AI use and generate thousands of jobs.
- AI startup Atlan has raised $105 million in a funding round, boosting its valuation to $750 million. The company provides a data stack that consolidates various data sources into a unified interface.
- Mistral AI, a Paris-based startup developing open-source large language models for generative AI services, is reportedly raising funds at a $6 billion valuation.
- These investments underscore the high stakes in the race to harness AI’s transformative potential and reshape industries, with tech giants and startups investing heavily in AI infrastructure, training and development.