A profile of nine-month-old Mistral AI, which wants to be the “most capital-efficient company in the world of AI”, has raised $500M+, and is valued at $2B+
Led by 31-year-old CEO Arthur Mensch, Paris-based Mistral believes AI systems can be built more efficiently—and much more cheaply X: @carnage4life . LinkedIn: Sam Schechner and Philipp Schmid X: Dare Obasanjo / @carnage4life : You know ZIRP is over when Mistral, flashy new AI contender to OpenAI, has their core pitch being they don't plan to spend as much money or require as much funding to compete. Their current models cost $22M to train versus $50M-$100M for OpenAI's. [image] LinkedIn: Sam Schechner : “We want to be the most capital-efficient company in the world of AI,” says Mistral AI CEO Arthur Mensch. “That's the reason we exist.” … Philipp Schmid : New Closed-source LLM by Mistral AI! 🤔 Yes, you heard it right. Mistral just released a new closed-source LLM available on their Platform or Azure! …