French AI startup Mistral AI is set to raise about $487 million, led by Andreessen Horowitz and including investments from Nvidia and Salesforce. Mistral AI, founded by former scientists from Google’s DeepMind and Meta, has quickly gained prominence in the European artificial intelligence (AI) startup scene. The company specializes in open-source software for chatbots and generative AI tools, leveraging the experience of its founders in working on large language models similar to those developed by OpenAI.
Source: Mistral AI Raises $487M in Round Led by Andreessen Horowitz