Mistral AI

Innovate Forge
2 min readDec 7, 2023

Mistral AI is a French artificial intelligence startup that specializes in the development of open-source AI models. The company was founded by former scientists from Google’s DeepMind and Meta, and it has quickly gained prominence in the European AI startup scene[2]. Mistral AI’s main product is Mistral-7B-v0.1, a small yet powerful AI model adaptable to many use-cases. It has 7 billion parameters, natural coding abilities, and an 8k sequence length. The model is released under the Apache 2.0 license, making it freely available for customization and deployment[1][3][4].

Mistral AI’s models are designed to be compute efficient, useful, and powerful, with a strong research focus. The company believes in open science, community, and free software, and it releases many of its models and deployment tools under permissive licenses[1]. Mistral AI’s models are designed to be better than competing models on all benchmarks, and they are easy to deploy on any cloud or on a gaming GPU[1][3].

In terms of funding, Mistral AI recently raised about €450 million ($487 million) in a funding round led by Andreessen Horowitz, with investments from Nvidia and Salesforce. This funding round is expected to value Mistral AI at around $2 billion[2][5].

Mistral AI’s models are used for a variety of tasks, including text summarization, structuration, question answering, and code completion. They…

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