Mistral 200m

Mistral AI Secures Funding for Groundbreaking AI Models

Final Stage of $450 Million Investment Round Led by Andreessen Horowitz

Nvidia, Salesforce, and Eric Schmidt Among Key Investors

Mistral AI, an artificial intelligence startup founded by former Meta Platforms and Alphabet executives, is nearing the completion of a $450 million funding round. The investment, led by Andreessen Horowitz, will fuel the company's development of innovative AI models.

Andreessen Horowitz is reportedly contributing $200 million to the round, while Nvidia and Salesforce will invest $120 million each. French investment bank Bpifrance and former Google CEO Eric Schmidt are also among the investors.

Mistral AI has already released Mistral 7B, an open-weight AI model that outperforms other open-source models of up to 13B size. The company has ambitious plans to release even more advanced models in the future.

The funding will enable Mistral AI to continue its research and development efforts, expand its team, and accelerate its go-to-market strategy. The company's mission is to democratize AI by making it accessible and affordable for all.

Mistral AI's success reflects the growing investor interest in AI startups. As AI technology continues to advance, it is expected to have a transformative impact on various industries, including healthcare, finance, and manufacturing.