Mistral AI Raises €1.7B to Accelerate Technological Progress with AI★ 73
Mistral AI News4 hours agoBusinessFrench AI company Mistral AI has announced a major fundraising round of €1.7 billion, one of the largest capital raises in European AI history. The funds are earmarked to accelerate the company's technological progress across research, compute, and product development. The round reinforces Mistral's position as the leading European challenger to US and Chinese frontier AI labs, with significantly expanded financial runway to scale its open-weight and proprietary model efforts.
Mistral AI Announces Mistral Compute Cloud Infrastructure Platform
Mistral AI News4 hours agoBusinessMistral AI has announced Mistral Compute, a dedicated cloud infrastructure platform providing GPU resources for AI training, fine-tuning, and inference workloads. The launch marks a strategic expansion from model developer and API provider into the broader AI infrastructure market. By integrating its models with compute capacity, Mistral targets enterprises seeking European-sovereign, purpose-built AI infrastructure in direct competition with hyperscalers and specialist cloud providers.
Mistral AI Introduces Magistral: A Research Reasoning Model
Mistral AI News4 hours agoReleaseMistral AI has unveiled Magistral, marking its formal entry into the chain-of-thought reasoning model category. The model is designed for demanding tasks including advanced mathematics, scientific reasoning, and structured logical inference. The release positions Mistral as a direct competitor to reasoning-focused offerings from OpenAI, Google, and Anthropic.
Emmi Joins Mistral AI to Accelerate the AI-Native Industry
Mistral AI News4 hours agoBusinessMistral AI has announced that Emmi, a company focused on AI-native industry transformation, is joining forces with the French AI lab. The partnership aims to accelerate adoption of AI-first workflows and infrastructure across enterprise sectors. Details on Emmi's specific role, services, or the structure of the collaboration were not disclosed in the announcement.
France Advances Europe's AI Future With NVIDIA Technologies
NVIDIA Blog8 hours agoBusinessA year after France unveiled its national AI ambitions at NVIDIA GTC Paris during VivaTech, the infrastructure is moving from blueprint to reality. AI factories, national compute capacity, open frontier models, and industrial platforms are coming online. AI agents are now running in production, and French startups are actively deploying applications across the ecosystem.