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Category: mistral

Mistral urges telcos to get into the hyperscaler game

Mistral CEO Arthur Mensch brought a sales pitch to Mobile World Congress on Tuesday, urging delegates at the world’s biggest telecoms confab in Barcelona to invest in building data center infrastructure and “becoming hyperscalers” to boost the regional AI ecosystem. “We would welcome more domestic effort in making more data centers,” he said during an on-stage…

Mistral’s origin story has an insuretech founder at its heart

If you’ve been following the AI industry, Mistral should be a familiar name by now. The French AI startup with a $6 billion valuation is arguably the biggest AI company working on foundation models in Europe. Alan, on the other hand, isn’t as well known. The health insurance unicorn has been quietly growing to become…

Mistral AI plans IPO

French AI lab, Mistral, is working toward an initial public offering, co-founder and CEO Arthur Mensch said Tuesday in an interview with Bloomberg at the World Economic Forum in Davos. Mistral is “not for sale,” Mensch said, adding that the company plans to open an office in Singapore to focus on the Asia-Pacific region and…