Microsoft partners with Mistral AI in latest move to dominate the emerging AI market

Tuesday - February 27 2024, 06:41 UTC - 9 months ago

Microsoft has partnered with French startup Mistral AI, following its investments in OpenAI, to further establish its dominance in the emerging AI market. This partnership allows Mistral to use Microsoft's Azure AI platform and brings into question the legality of Microsoft's OpenAI investment. With this partnership, Mistral aims to expand its reach to customers worldwide and has also unveiled its first chatbot, 'Le Chat', which showcases its advanced language models. The company's value has already surpassed $2 billion, making it a potential future European tech leader.

On Monday, Microsoft announced a new partnership with Mistral AI, a French startup, in an effort to solidify its position as a leader in the emerging AI market. This partnership comes after Microsoft's multi-billion dollar investment in OpenAI, the creator of popular chatbot ChatGPT. Mistral, which was formed last year by former Google and Meta researchers, also stands out as one of the few European players in a market that is currently dominated by US companies.

The partnership will allow Mistral to utilize Microsoft's Azure AI platform, which provides businesses with the tools to build AI-driven applications. This move further solidifies Microsoft's position as a dominant player in the field of AI. However, the news of the partnership comes at a time when US authorities are questioning the legality of Microsoft's investment in OpenAI. The Federal Trade Commission (FTC) has launched an investigation into whether the investment violates antitrust laws.

Mistral CEO Arthur Mensch expressed excitement about the partnership, stating that it will help propel his company's products to customers around the world. Mistral, which has already raised almost 500 million euros, was valued at over $2 billion in December, leading to speculation about its potential as a future European tech champion. The company's first chatbot, 'Le Chat', was also announced as part of the partnership, and is described as being natively multilingual and offering a fun and educational way to experience Mistral AI's technology. This marks a significant milestone for the company, which has previously focused on back-end development for business clients.

In addition to the chatbot, Mistral also announced upgrades to its existing language models. Language models, a key component of AI technology, are developed using public data and play a crucial role in enabling AI systems to generate text, pictures, and video. These upgrades further demonstrate Mistral AI's commitment to driving innovation in the AI space, and the partnership with Microsoft will undoubtedly accelerate their progress.