Mistral raises 3B euros for AI compute
Mistral's massive funding positions it as a major European competitor to US AI giants, potentially affecting AI availability and pricing in global markets.
Mistral AI secured 3 billion euros to expand training and inference compute infrastructure. The funding will support hosting larger models like Le Chaton Fat on Hugging Face. The company aims to establish open and sovereign AI as the technology frontier.
Upgrading the @huggingface infra so we can host Le Chaton Fat … Congrats! Arthur Mensch @arthurmensch We've just raised 3B€ to scale our training and inference compute, and make open and sovereign AI the technology frontier. Grateful to everyone who got us there, excited by the fight ahead mistral.ai/news/mistral-m… 🔗 View Quoted Tweet 💬 19 🔄 5 ❤️ 96 👀 11846 📊 28 ⚡