Mistral has also unveiled a new version of its text-only models, Mistral Large 24.11, which offers improvements in long context understanding. This model will soon be available on cloud platforms like Google Cloud and Microsoft Azure. The company, which recently raised $640 million in venture capital, continues to expand its AI offerings, including a free service for developers, an SDK for fine-tuning models, and new models like Codestral. Despite the financial challenges faced by most generative AI startups, Mistral reportedly began generating revenue this summer.
Key takeaways:
- French AI startup Mistral has updated its Le Chat chatbot platform with new features including web search, a canvas tool for content modification, and the ability to process large PDF documents and images for analysis and summarization.
- Mistral has introduced new AI models, including Pixtral Large, a 124 billion parameter model that can process both text and images, and Mistral Large 24.11, a text-only model with improved long context understanding.
- Both Pixtral Large and Mistral Large 24.11 are available under two licenses: a more restrictive license for research and academic use and an enterprise license for commercial use. Mistral Large 24.11 will also be available on cloud platforms including Google Cloud and Microsoft Azure.
- Mistral, which recently raised $640 million in venture capital, is expanding its AI offerings and has begun to generate revenue. The company's approach to AI focuses on delivering advanced capabilities at affordable price points, rather than pursuing artificial general intelligence.