Mistral AI, a Paris-based startup, is making waves in the artificial intelligence (AI) world with its impressive deals with tech giants like Microsoft and IBM. In just one year since its founding, Mistral has secured major partnerships and is moving quickly to commercialize its advanced natural language processing models and conversational AI capabilities.
One of Mistral’s notable achievements is the unveiling of its flagship commercial model, Mistral Large, through a deal with Microsoft. This makes Mistral the second provider, after OpenAI, to offer a commercial large language model on Microsoft’s Azure cloud platform. Mistral Large competes directly with OpenAI’s dominant GPT-3 and GPT-4 models by generating human-like text and conversing knowledgeably on a wide range of topics. According to Mistral’s benchmarks, it is the world’s second most capable commercial language model, just behind GPT-4.
The partnership with Microsoft is a significant endorsement of Mistral’s AI technology. Microsoft, a leader in the AI industry, has recognized Mistral’s capabilities and sees the startup as a top developer that can enhance Azure’s offerings. This partnership also positions Microsoft to be less reliant on OpenAI in the future, as Mistral emerges as a key player in natural language processing.
Mistral has also secured an agreement with IBM to provide an optimized version of its Mistral-8x7B model on the IBM Watson AI platform. This collaboration allows enterprises to leverage Mistral’s AI capabilities alongside IBM’s offerings. By making its models available on Watson, Mistral gains access to IBM’s vast customer base and further establishes itself as an AI platform, not just a standalone company. Mistral aims to become integral to diverse organizations by being accessible through major AI ecosystems.
The rapid progress made by Mistral since its founding is impressive. With former Facebook AI researchers and a former Google DeepMind researcher at the helm, Mistral has developed large language models that rival more established players in a remarkably short amount of time. Backed by $415 million in funding, Mistral is well-positioned to compete with industry leaders like OpenAI and Anthropic. As the demand for generative AI grows across industries, Mistral’s revenue prospects look promising.
With deals already secured with tech giants, Mistral is poised to become a major force in generative AI. The industry will be watching closely to see what other partnerships Mistral can secure as it continues to establish itself as a key player alongside more established names.
Overall, Mistral AI’s impressive deals with Microsoft and IBM highlight the startup’s rapid ascent and its potential to disrupt the AI landscape. With its advanced language models and strong partnerships, Mistral is well-positioned to make a significant impact in the field of artificial intelligence.