In addition, Mistral AI announced a partnership with Microsoft to provide Mistral models to Azure customers. This partnership could potentially attract more customers for Mistral AI and provide more AI model options for Microsoft's cloud computing platform. The company also plans to launch a paid version of Le Chat for enterprise clients, with additional features like central billing and moderation mechanisms.
Key takeaways:
- Paris-based AI startup Mistral AI is launching a new large language model called Mistral Large, designed to rival top-tier models like GPT-4 and Claude 2, and a chat assistant service called Le Chat.
- Mistral AI raised a $112 million seed round shortly after its incorporation in May 2023, and closed a $415 million funding round in December, led by Andreessen Horowitz.
- Mistral Large is offered through a paid API with usage-based pricing, costing $8 per million of input tokens and $24 per million of output tokens, making it 5 to 7.5 times cheaper than GPT-4-32k.
- Mistral AI has announced a partnership with Microsoft, which will provide Mistral models to its Azure customers, potentially attracting more customers for Mistral AI and keeping Azure customers within Microsoft's product ecosystem.