CERN and Mistral Will Train a Physics Model on Collision Data
CERN already holds about one exabyte of data from the Large Hadron Collider, roughly a million terabytes of recorded collisions. On October 15 the laboratory signed a letter of intent…
Mistral’s Answer to the Big Labs Is a Trillion-Parameter Open Model
The model has a nickname inside the company: “Le Chonk.” The name is a joke, but the ambition behind it is not. Mistral AI, the French startup that has spent…
Modal Labs Nears a $750 Million Round Led by Accel at $15.75 Billion
Modal Labs, a company that lets developers run AI models without managing their own servers, is closing in on a $750 million funding round led by Accel at a $15.75…
Samsung Leads Mistral’s Round and Binds It to the Fab
The announcement came from a summit, not a boardroom. During the Korea-France summit in Paris on September 8 and 9, Samsung Electronics said it would form a strategic partnership with…
Samsung Leads Mistral AI’s EUR 3 Billion Round as Europe’s AI Ambitions Look East
Arthur Mensch has spent two years positioning Mistral AI as the answer to a question European policymakers keep asking: where is the continent’s own answer to OpenAI? On Tuesday the…
Berlin Pushes Europe to Build Its Own AI Stack
Germany’s digital minister called on the European Union this week to accelerate its push for AI independence, arguing that the bloc’s reliance on American infrastructure has become a strategic risk.…
Samsung Circles Mistral With Investment as European AI Round Takes Shape
A South Korean conglomerate that sells phones, memory chips and household appliances is weighing a bet on the most prominent AI startup in Europe. Samsung Electronics is in discussions to…
Microsoft and Mistral Sign Multi-Billion-Dollar European AI Infrastructure Deal
The announcement arrived from Redmond and Paris on the same day, and it was built around a number that has become the industry’s favorite unit of account: billions of dollars…
Mistral in Talks to Raise 3 Billion Euros at a 20 Billion Euro Valuation
In a glass office block near the Paris Bourse, the founders of Mistral AI are doing what they have done at every stage of the company’s life: raising money. The…
