💻 What’s The Product?

The company aims to provide businesses with technology that can assist with automation and the development of new products using large language models (LLMs), striving to become a leading player in generative AI technology​.

They’re yet to release a product (obviously being only one month old) but mention a commitment towards open-source technology. In an interview with TechCrunch, they mention that their language will models will be trained exclusively on publicly available data to avoid any information mishaps (Yes Microsoft, we’re looking at you).

They also mention that the models will be fully available to the public for free—so whatever they come up with, we’ll be able to get our hands on it (even if we have to translate it from French).

📖 The Story So Far?

Founded by former Google DeepMind and Meta researchers Guillaume Lample, Arthur Mensch, and Timothee Lacriox, Mistral AI has quickly garnered attention. This trio, who have known each other since school, have combined their deep technical expertise and operational experience to tackle the biggest challenge in AI today: making AI useful (more than just deep fakes of Trump getting arrested or Batman eating spaghetti).

This startup's journey began when the co-founders recognised the increasingly closed nature of AI development. Determined to change the course, they decided Mistral would be open-source at heart. The team envisions building models using publicly available data and allowing users to contribute their datasets. In the founders' eyes, the benefits of open-source development can outweigh potential misuse, and they believe this ethos will prove essential to their success.

They aim to release their first text-based generative AI models in 2024.

🔮 Future Plans?

The company plans to use its freshly acquired funding to create a world-class team and develop the best open-source models.

They aim to make AI accessible and useful for enterprises. Their future products will be designed to help customers identify their needs and how they can fulfil them with AI. The vision is to equip workers across various fields with easy-to-use tools to create their own products, thus moving beyond the current state where workers are constantly asked to be creative with AI.

Open-source? The French and their liberty!