Mistral AI Targets US Market with Open-Source Models

pymnts.com France’s Mistral AI, a European developer of generative artificial intelligence tools, has reportedly set its sights on the U.S. market. The startup hired Marjorie…

French Startup Minstral AI Gains Traction In US, Targets OpenAI's Market

benzinga.com Mistral AI, a Paris-based startup, launched in early 2023 aiming to compete with OpenAI in the European market by developing generative artificial intelligence tools, is…

France looks to elusive EU capital market to fix start-up funding

finance.yahoo.com France is banking on a new push to integrate the European Union's fragmented capital markets to give them the scale needed to wean its flourishing startup sector off of…

A flood of cheap Chinese exports is putting the entire global economy at risk, France’s finance minister warns

fortune.com The entire world economy is at risk from a glut of cheap Chinese exports, France’s Finance Minister Bruno Le Maire said in tandem with a barrage of joint criticism from the…

Playing Catch Up: 3 Tech Stocks Being Left Behind By the AI Boom

investorplace.com These lagging tech stocks could help you ride the next AI wave The generative artificial intelligence (gen AI) boom has continued to pick up speed, with GPU firm Nvidia…

Upgraded and Uncensored: Mistral Overhauls Its AI Model

decrypt.co Top open-source AI developer Mistral quietly launched a major upgrade to its large language model (LLM), which is uncensored by default and delivers several notable…

Big tech companies are plowing money into AI startups, which could help them dodge antitrust concerns

techcrunch.com Another week, and another round of crazy cash injections and valuations emerged from the AI realm. DeepL, an AI language translation startup, raised $300 million on a $2…

Macron: French AI boom could help EU close tech innovation gap with U.S. and China

cnbc.com PARIS, France — Europe is pursuing AI innovation, tech regulation and competition with China in very different ways than the United States, French President Emmanuel Macron…

VivaTech 2024: How ready are companies and countries for an AI revolution?

euronews.com Hundreds of speakers are giving their views on the upheaval caused by artificial intelligence (AI) at the Viva Technology fair in Paris. Tech experts told Euronews Next…

20VC: OpenAI's Sam Altman, Mistral's Arthur Mensch and more discuss: Will Foundation Models Be Commoditised

thetwentyminutevc.libsyn.com Sam Altman is the CEO @ OpenAI, the company on a mission is to ensure that artificial general intelligence benefits all of humanity. OpenAI is one of the fastest-scaling…

CEOs of AI start-ups backed by Microsoft and Amazon are the new tech rockstars

cnbc.com French founder of artificial intelligence start-up Mistral AI, Arthur Mensch attends the Viva Technology show at Parc des Expositions Porte de Versailles on May 22, 2024 in…

New Backing Helps Elon Musk’s xAI Raise Nearly $6 Billion

pymnts.com Elon Musk’s artificial intelligence startup, xAI, reportedly secured new backing that puts it close to a $6 billion funding round. The round would value xAI at $18 billion,…

The biggest French startups in 2024 according to the French government

techcrunch.com There are many ways countries can go about supporting their tech industries. In France it involves picking a yearly cohort of 120 high-potential startups — the French Tech…

VivaTech 2024: France aims to become a world leader on AI but obstacles remain

euronews.com As VivaTech 2024 gets underway, France announced its intention to become a world leader in AI. But investment and regulation remain an obstacle. "Today, in continental…

AI, regulation, and immigration: The tech sector’s key concerns for the European elections

euronews.com Euronews Next speaks to start-ups and tech organisations to see what they expect from Europe’s next parliament. With its innovative start-ups and world-first regulation,…

AI, climate... and Elon Musk: What to expect from VivaTech 2024

euronews.com VivaTech is back this week, welcoming thousands of start-ups, visitors, and a certain tech billionaire. Here's what's in store from our team in Paris. Tech fair…

In Seoul summit, heads of states and companies commit to AI safety

techcrunch.com Government officials and AI industry executives agreed on Tuesday to apply elementary safety measures in the fast-moving field, and establish an international safety…

Microsoft must again contend with OpenAI drama. Will Satya Nadella’s patience wear thin?

aol.com It’s been another one of those weeks when the flow of AI news is at water cannon levels. Arguably one of the most important relationships in AI at the moment is the…

Data-labeling startup Scale AI raises $1B as valuation doubles to $13.8B

techcrunch.com Scale AI, which provides data-labeling services to companies that want to train machine learning models, has raised a $1 billion Series F round from a slew of big-name…

AI Startup H Raises $220 Million for ‘Full AGI’

pymnts.com French startup “H” has raised $220 million for its goal of building artificial general intelligence. The company — led by a group of Google DeepMind veterans — had been…

French AI startup H raises $220 million seed round

techcrunch.com It’s not often that you hear about a seed round above $10 million. H, a startup based in Paris and previously known as Holistic AI, has announced a $220 million seed round…

Databricks is expanding the scope of its AI investments with second VC fund

aol.com When Andrew Ferguson launched Databricks’ corporate venture arm three years ago, he wasn’t expecting to be writing checks quite this fast. Databricks Ventures has backed 25…

Global AI leaders agree to safety rules at Seoul summit

siliconrepublic.com UK prime minister Rishi Sunak, said the AI Seoul Summit is a ‘world first’ which brings together leading companies from across the world, including the US, China and the…

Paris vies for Europe's AI crown as key conference beckons

aol.com France will this week host tech executives and political figures including former U.S. secretary of state John Kerry, EU industrial chief Thierry Breton and ex-Google boss…

CoreWeave Secures $7.5 Billion to Expand AI Infrastructure

pymnts.com Artificial intelligence (AI) hyperscaler CoreWeave has secured a $7.5 billion debt financing facility. The company will use the new financing to further develop its…

UK Antitrust Regulator Won’t Investigate Microsoft-Mistral AI Partnership

pymnts.com The United Kingdom’s Competition and Markets Authority (CMA) will not investigate Microsoft’s partnership with artificial intelligence (AI) startup Mistral AI. “The CMA has…

Microsoft partnership with France’s Mistral AI won’t face British antitrust probe

fortune.com Microsoft Corp.’s partnership with artificial intelligence firm Mistral AI will avoid a UK antitrust probe after the watchdog said it didn’t qualify for an investigation.…

UK competition regulator says Microsoft's stake in Mistral is not a merger

theregister.com Britain's competition watchdog does not think Microsoft's investment in Mistral AI constitutes a merger situation – just weeks after calling for industry views on the…

Microsoft dodges UK antitrust scrutiny over its Mistral AI stake

techcrunch.com Microsoft won’t be facing antitrust scrutiny in the U.K. over its recent investment in French AI startup, Mistral AI, with the country’s Competition and Markets Authority…

Microsoft faces EU pressure but avoids UK probe

siliconrepublic.com The EU is concerned that Bing’s AI features could impact elections, while the UK’s CMA has decided not to investigate Microsoft’s partnership with Mistral AI. The EU has…

The Next Big US-China Trade War is Over AI Talent

thedailyupside.com The thing about trade wars is they really stop you from trading… Reports have piled up about how Big Tech companies have turned on their money hoses to poach top AI talent…

Microsoft's Partnership With Mistral AI Cleared by U.K. Regulator

wsj.com The U.K. Competition and Markets Authority cleared Microsoft’s partnership with Mistral AI.