In February, Microsoft invested $16 million in Mistral AI and partnered with them to make AI models available via Azure. He also invested in OpenAI, the owner of ChatGPT.
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Other high-profile artificial intelligence partnerships include Amazon and Google’s investment in Anthropic, raising regulatory concerns that tech giants could once again dominate this burgeoning field as they do in other, more conventional areas.
“If we act early, we can avoid the AI market being dominated by a few vast players, as has been the case with #digital #platforms. We now need lively #competition in the field of artificial intelligence,” Vestager wrote on her X account.
“Good meeting with @MistralAI today,” added Vestager, who posted a photo of herself with Mistral AI director Arthur Mensch.
Earlier this month, The Information magazine reported that Mistral AI was in talks with investors about raising several hundred million dollars, which would give it a total valuation of $5 billion.
The December fundraising round gave Mistral AI a valuation of 2 billion euros ($2.1 billion).
