Feb 28, 2024
Mistral AI: Microsoft invests $16M in OpenAI French doppelgänger
Posted by Gemechu Taye in category: robotics/AI
The Microsoft-Mistral agreement draws the scrutiny of the European Commission.
Microsoft has inked a multi-year partnership with French startup Mistral AI to make its artificial intelligence (AI) models, like ‘Le Chat,’ available through the Azure cloud computing platform.
Essentially, Microsoft’s investment will be used to purchase equity in Mistral. The valuation of Mistral AI remains the same even after Microsoft’s investment.
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