In February, Microsoft invested $16 million in Mistral AI and partnered with them to make its synthetic intelligence fashions out there by way of its Azure platform. It has additionally invested in ChatGPT proprietor OpenAI.
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Different high-profile AI partnerships embrace Amazon and Google’s investments in Anthropic, triggering regulatory considerations that tech giants could as soon as once more dominate on this growing area as they’ve in different extra conventional areas.
“If we act early on, we will keep away from that the #AI market will get dominated by just a few massive gamers, like we noticed occurring with #digital #platforms. We want vibrant #competitors in AI, now,” Vestager wrote on her X account.
“Good assembly with @MistralAI at the moment,” added Vestager, who posted a photograph of herself with Mistral AI govt Arthur Mensch.
Earlier this month, publication The Info reported Mistral AI had been chatting with buyers about elevating a number of hundred million {dollars} which might give it an total $5 billion valuation.
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A fund-raising spherical in December gave Mistral AI a 2 billion euros ($2.1 billion) valuation.
