Yesterday, Mistral AI, a Paris-based AI startup working on foundational models, announced a new large language model that could rival OpenAI’s GPT-4, a chat assistant and a distribution […]
Inkitt, a self-publishing platform using AI to develop bestsellers, books $37M led by Khosla
Everyone has a story in them, as someone famous once said. A startup called Inkitt believes that it can use AI to turn the strongest of these into […]
Microsoft announces ‘AI access principles’ to offset OpenAI competition concerns
On the heels of Microsoft’s investment and partnership with French Large Language Model startup Mistral AI, the company continues to work hard to try to dispel the image that […]
Mistral AI releases new model to rival GPT-4 and its own chat assistant
Paris-based AI startup Mistral AI is gradually building an alternative to OpenAI and Anthropic as its latest announcement shows. The company is launching a new flagship large language […]
Google’s new AI hub in Paris proves that Google feels insecure about AI
This morning, Google’s CEO Sundar Pichai inaugurated a new hub in Paris dedicated to artificial intelligence. This hub is located in a newly renovated building near Google’s main […]
EU’s AI Act passes last big hurdle on the way to adoption
The European Union’s AI Act, a risk-based plan for regulating applications of artificial intelligence, has passed what looks to be the final big hurdle standing in the way […]
EU to expand support for AI startups to tap its supercomputers for model training
A European Union plan to support homegrown AI startups by providing them with access to processing power for model training on the bloc’s supercomputers, which was announced back […]
TikTok loves ecommerce and VCs think Mistral AI will be fine (potential EU regulatory overhang or not)
Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the […]
Mistral AI, a Paris-based OpenAI rival, closed its $415 million funding round
French startup Mistral AI has officially closed its much anticipated Series A funding round. The company has raised €385 million, or $415 million at today’s exchange rate — […]