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Tripling Down on Mistral AI | General Catalyst

Jun 11, 2024 - generalcatalyst.com
The article announces the co-leading of a €600M Series B round for Mistral AI, a company that has made a significant impact on the global stage since its inception a year ago. The company's open-source approach to frontier AI has propelled them to the forefront of the world stage, with their open models setting the standard across the performance-cost frontier and catalyzing AI product innovation and safety research on a global scale.

Mistral AI is now embarking on the next stage of their journey to drive economy-wide transformation, with products like La Plateforme and Le Chat, which aim to empower enterprise leaders to reinvent their core businesses and enable entrepreneurs to create new markets. The company's open, portable platform is seen as a fundamental building block to advancing resilience in AI, not just for France and Europe, but globally. The article concludes by expressing excitement at being part of Mistral AI's journey and inviting everyone to build high trust, high integrity applications with Mistral.

Key takeaways:

  • The partnership with Mistral AI is being tripled down on, with a co-leading of their €600M Series B round.
  • Mistral AI's open source approach to frontier AI has propelled them to the forefront of the global stage, with their open models setting the standard across the performance-cost frontier.
  • Mistral AI is embarking on the next stage of their journey to drive economy-wide transformation, with their products La Plateforme and Le Chat.
  • Mistral AI's open, portable platform is seen as a fundamental building block to advancing resilience in AI, providing safety, stability and greater control for enterprise or sovereign benefit.
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