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Mistral AI
French artificial intelligence company From Wikipedia, the free encyclopedia
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Mistral AI SAS is a French artificial intelligence (AI) startup, headquartered in Paris. It specializes in open-weight large language models (LLMs).[2][3]
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Namesake
The company is named after the mistral, a powerful, cold wind in southern France.[4]
History
Mistral AI was established in April 2023 by three French AI researchers, Arthur Mensch, Guillaume Lample and Timothée Lacroix.[5]
Mensch, an expert in advanced AI systems, is a former employee of Google DeepMind; Lample and Lacroix, meanwhile, are large-scale AI models specialists who had worked for Meta Platforms.[6]
The trio originally met during their studies at École Polytechnique.[4]
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Company operation
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Philosophy
Mistral AI emphasizes openness and innovation in the AI field and positions itself as an alternative to proprietary models.[7]
The company has gained prominence as an alternative to proprietary AI systems as it aims to "democratize" AI by focusing on open-source innovation.[8]
Funding
In June 2023, the start-up carried out a first fundraising of €105 million ($117 million) with investors including the American fund Lightspeed Venture Partners, Eric Schmidt, Xavier Niel and JCDecaux. The valuation is then estimated by the Financial Times at €240 million ($267 million).
On 10 December 2023, Mistral AI announced that it had raised €385 million ($428 million) as part of its second fundraising. This round of financing involves the Californian fund Andreessen Horowitz, BNP Paribas and the software publisher Salesforce.[9]
In October 2023, Mistral AI raised €385 million.[10]
By December 2023, it was valued at over $2 billion.[11][12][13]
On 16 April 2024, reporting revealed that Mistral was in talks to raise €500 million, a deal that would more than double its current valuation to at least €5 billion.[14]
In June 2024, Mistral AI secured a €600 million ($645 million) funding round, elevating its valuation to €5.8 billion ($6.2 billion).[15]
Led by venture capital firm General Catalyst,[16] this round resulted in additional contributions from existing investors. The funds aim to support the company's expansion.
Based on valuation, the company is currently in fourth place in the global AI race and in first place outside the San Francisco Bay Area, ahead of several of its peers, such as Cohere, Hugging Face, Inflection and Perplexity.[17]
Partnership with Microsoft
On 26 February 2024, Microsoft announced a new partnership with the company to expand its presence in the artificial intelligence industry.
Under the agreement, Mistral's language models will be available on Microsoft's Azure cloud, while the multilingual conversational assistant Le Chat will be launched in the style of ChatGPT.[18] The partnership also included a financial investment of $16 million by Microsoft in Mistral AI.[19]
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Services
Le Chat
On November 19, 2024, the company announced updates for Le Chat (pronounced /lə tʃat/ in French). It added the ability to create images, in partnership with Black Forest Labs, utilizing the Flux Pro model.
Additionally, it introduced the capability to search for information on the internet to provide reliable and up-to-date information.
Furthermore, it launched the Canvas system, a collaborative interface where the AI generates code and the user can modify it.
Mobile app
On February 6, 2025, Mistral AI released its AI assistant, Le Chat, on iOS and Android, making its language models accessible on mobile devices.
Le Chat offers features including web search, image generation, and real-time updates.
Mistral AI also introduced a Pro subscription tier, priced at $14.99 per month, which provides access to more advanced models, unlimited messaging, and web browsing.[20]
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Models
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The following table lists the main model versions of Mistral, describing the significant changes included with each version:[21]
Mistral 7B
Mistral AI claimed in the Mistral 7B release blog post that the model outperforms LLaMA 2 13B on all benchmarks tested, and is on par with LLaMA 34B on many benchmarks tested,[46] despite having only 7 billion parameters, a small size compared to its competitors.
Mixtral 8x7B
Mistral AI's testing in 2023 shows the model beats both LLaMA 70B, and GPT-3.5 in most benchmarks.[47]
In March 2024, a research conducted by Patronus AI comparing performance of LLMs on a 100-question test with prompts to generate text from books protected under U.S. copyright law found that Open AI's GPT-4, Mixtral, Meta AI's LLaMA-2, and Anthropic's Claude 2 generated copyrighted text verbatim in 44%, 22%, 10%, and 8% of responses respectively.[48][49]
Mistral Large 2
According to Mistral AI, Large 2's performance in benchmarks is competitive with Llama 3.1 405B, particularly in programming-related tasks.[50][51]
Codestral 22B
As of its release date, Codestral 22B surpasses Meta's Llama3 70B and DeepSeek Coder 33B (78.2% - 91.6%), another code-focused model on the HumanEval FIM benchmark.[52]
Mathstral 7B
Mathstral 7B achieved a score of 56.6% on the MATH benchmark and 63.47% on the MMLU benchmark.[30]
Mistral Small 3.1
On 17 March 2025, Mistral released Mistral Small 3.1 as a smaller, more efficient model.[53][non-primary source needed]
Mistral Medium 3
On 7 May 2025, Mistral AI released Mistral Medium 3.[54][non-primary source needed]
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Usage
According to Mistral AI,[55] the company's products have been used by :
References
External links
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