In addition to the Microsoft deal, Mistral has also signed an agreement with IBM to provide an optimized version of its open source Mistral-8x7B model on the IBM Watson AI platform. This allows enterprises to utilize Mistral’s AI capabilities alongside IBM’s own offerings. These partnerships demonstrate Mistral's aggressive growth strategy and its aim to make its technology widely available through cloud platforms and collaborations. The company, backed by $415 million in funding, is quickly establishing itself as a key player in the AI industry.
Key takeaways:
- Paris-based startup Mistral AI has secured major partnerships with IBM, Microsoft, and others, just one year after its founding, positioning itself as a rising star in the AI world.
- Mistral AI has unveiled its flagship commercial model, Mistral Large, through a deal with Microsoft to offer it via the Azure cloud platform, making it only the second provider after OpenAI to offer a commercial large language model on Azure.
- Mistral AI has also inked an agreement with IBM to provide an optimized version of its open source Mistral-8x7B model on the IBM Watson AI platform, expanding its reach and accessibility.
- Backed by $415 million in funding, Mistral AI is quickly establishing itself as a key player in the AI industry, competing with established players like OpenAI and Anthropic, and is expected to secure more partnerships as it aims to become a major force in generative AI.