Microsoft made a $16M investment in Mistral AI

3/17/2024
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In a strategic move towards bolstering its AI capabilities, Microsoft recently announced a significant investment in Mistral AI, a Paris-based startup specializing in large language models. The tech giant is injecting €15 million ($16.3 million) into Mistral AI, solidifying their partnership and expanding their footprint in the AI landscape.

MISTRAL LARGE

This investment comes on the heels of Mistral AI’s unveiling of its flagship model, Mistral Large, which aims to compete with industry giants like GPT-4 and Claude 2. Unlike previous releases, Mistral Large is not open source, but developers can access it through Mistral’s API platform.

Additionally, the partnership includes a distribution deal for Microsoft’s Azure platform, providing users with access to Mistral AI’s models through Azure’s model catalog. This move diversifies options for Azure customers and strengthens Mistral AI’s market reach.

MICROSOFT’S INVESTMENT IN MISTRAL AI

However, Microsoft’s investment in Mistral AI raises eyebrows among EU regulators, who are closely monitoring the relationship between tech giants and generative AI companies. This scrutiny reflects the growing importance of AI regulation and competition concerns in the European market.

Despite regulatory scrutiny, Microsoft’s investment underscores its commitment to innovation in AI. By partnering with Mistral AI, Microsoft aims to stay competitive in the rapidly evolving AI landscape and provide customers with cutting-edge solutions.

To read full article: Microsoft made a $16M investment in Mistral AI

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