Mistral AI, founded by veterans from Google and Meta, was valued at around $2 billion in December after raising $415 million. The company has developed a generative AI model, the Mistral 7B, and software capable of generating computer code. It recently appointed Marjorie Janiewicz as the new general manager for the United States to strengthen its market presence and lead its American operation.
Key takeaways:
- Mistral AI, a French artificial intelligence startup, has raised 600 million euros (about $640 million) in a Series B funding round, valuing the company at $6 billion.
- The funding round was led by General Catalyst and included both new and existing investors.
- Mistral AI has developed a generative AI model and software capable of generating computer code, trained on a dataset of more than 80 programming languages.
- The company has appointed Marjorie Janiewicz as the new general manager for the United States, tasked with enhancing the company's presence and leading its American operation.