


The latest valuation of "European version of OpenAI" is approaching US$2 billion!
Mistral AI, a large model startup based in Paris, latest round of financing, $487 million.
Investors include Andreessen Horowitz, Nvidia, Salesforce, etc.
Among them, Andreessen Horowitz led the investment of approximately 200 million euros, and Nvidia and Salesforce plan to invest another 120 million euros through converted bonds.
It is understood that Mistral AI was founded by former DeepMind and former Meta scientists. The two main creators are the core contributors of Llama.
In May this year, they started their own business after running away, which quickly attracted attention in the industry. The seed round received $113 million, and the company was valued at $260 million.
In September, the open source large model Mistral-7B was released, fully benchmarking Llama2. Now, as the latest round of financing enters the final stage, it means that Mistral AIonly needs 6 months to successfully become a unicorn.
According to the introduction, these new funds will be used to expand the size of the team and accelerate the research and development processThe main creator of Llama left to found Mistral AI was established in May this year and is headquartered in Paris , the company’s mission is “to build next-generation artificial intelligence systems that can solve real-world problems.” Because it has a grand AI vision, its main creators are all top talents in the AI field, and it quickly releases self-developed large models, Mistral AI is regarded by the industry as the "European version of OpenAI". The three founders of the company are:- CEO: Arthur Mensch
- Chief Scientist: Guillaume Lamper (Guillaume Lample)
- CTO: Timothée Lacroix
Llama .
, led by top venture capital Lightspeed, with a valuation of $260 million. At that time, the team stated that they would be committed to
large model open source work. In September, Mistral AI officially released and open sourced its first large model
Mistral-7B, and fully benchmarked it against Llama2. Mistral-7B surpasses Llama 2 (13B) in all benchmarks and surpasses Llama 2 (34B) in reasoning, mathematics, and code generation tasks, according to the paper
Mistral-7B adopts the same group query attention mechanism in Llama2, which can accelerate reasoning; combined with the sliding window attention mechanism, it can effectively handle sequences of any length and reduce reasoning costs.
At the same time, they also provide a fine-tuned model
Mistral 7B – Instruct, which also surpasses the performance of the Llama2 (13B) chat model in human and automated benchmarks. Mistral-7B shows that LLM’s knowledge compression capabilities may exceed our previous expectations. If you want to get better performance with small models, there is still a lot of room for exploration. According to our understanding, in order to avoid copyright issues, Mistral chose to use public data to train large-scale models With the release of its own large model, Mistral officially entered the In the competition with OpenAI, Google, etc. CEO Menqi once said in an interview that although the company is very young and the team is small, "we compete with everyone". Due to the expertise of a large number of top talents in the field of large models, Mistral has attracted much attention in the industry since its establishment, especially in Europe Its seed round attracted many well-established European venture capitals, such as France’s Redpoint and Index Ventures, Germany’s La Famiglia and Headline, as well as Italian, Belgian, and British venture capitals also participated. At the first Artificial Intelligence Security Summit held in London not long ago, Mistral, as the only European company, attended the second day's small meeting with technology giants. Moreover, Mistral did not disappoint investors. It is said that the release of its first large-scale model was originally expected to be released at the end of the year. As a result, it was released 3 months early in September. Having a top team and a large self-developed model explains why Mistral’s valuation has grown rapidly This latest round of financing was mainly contributed by Silicon Valley will use the new funds to expand the size of the team, accelerate research and development, and establish new offices in Europe and the United States According to the introduction, Mistral’s three co-founders will each sell more than 100 Ten thousand pounds of equity as part of the deal This huge round of financing also confirms once again that investors are scrambling to find the "next OpenAI", and many large investors are willing to buy shares at high prices in the early stages of startups. , which is one of the reasons why startup valuations soar in their early stages. Become a rising European AI star
The above is the detailed content of The business was valued at US$2 billion in 180 days! The European version of OpenAI explodes in popularity, Llama's creators set up their own business, and NVIDIA has become a shareholder. For more information, please follow other related articles on the PHP Chinese website!

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