French company Mistral AI is officially considered as one of the AI auxiliary le chat and many basic models. France’s most promising technology startups And is Probably only European company that can compete with OpenaiBut compared to its $ 6 billion evaluation, its global market share is still relatively low.

However, the recent launch of its chat assistant at the mobile app store was completed with some promotion, especially in our country. French President Emmanuel Macron said, “Download Lay and Late Chat, which is created by Mistral, instead of chatting by OpenaiI – or something,” French President Emmanuel Macron said In a tv interview Ahead of the AI Action Summit in Paris in February 2025.

Although this wave of meditation can be encouraging, Mistral AI is still facing challenges in competition with the choice of openiI-and doing so that it is “the world’s most green and major independent AI lab” with its self-language.

What is Mistral AI?

Mistral AI has raised significant amounts of money since its construction in 2023, with the ambition of “Putting Frontier AI in everyone’s hands”. Although it is not a direct job in Openai, the slogan means to highlight the advocacy of the company for openness in AI.

Its option for chat, chat Assistant Le Chat, Still Has Available on iOS and AndroidIt reached 1 million downloads In two weeks after its mobile release, even the top spot of France was grabbed for free download on the iOS app store.

In July 2025, Mistral AI updated with Le Chat New features that bring it closer to rival full-track AI Chatbot: A new “deep research” mode, indigenous multilingual argument, and advanced image editing. This update also includes a joint of projects, which allow users to do group chats, documents and ideas in focused places.

It comes in addition to the suit of the model of Mistral AI, including:

• Mistral Large 2Instead of primary big language model Misconduct,
• Pixetrous big, Unveiled in 2024 As a new addition to Multimodal model pixet family,
• PrimeIts first family of the Reasoning Model launched in June 2025.
• Mistral Medium 3In May 2025, it was issued with promise to provide efficiency without compromising performance, and the best for coding and stem works.
• VokostralMistral’s first open source AI audio model was released in July 2025.
• DevastralAn AI model designed for coding and is openly available under an Apache 2.0 license, meaning that it can be used commercially without restrictions.
• Code of CodeAn earlier liberal AI model for the code, but whose license banned commercial applications.
• A family of model, “lace ministry” Adapted to edge equipment Like phone.
• Mistral Saba, Focus on Arabic language,

In March 2025, the company Introducing Mistral OCRAn optical character recognition (OCR) API that can convert any PDF into a text file to make it easier to make it easier for the AI model.

In May 2025, it released Mistral Agent API To “Empower enterprises to use AI using AI using more practical and effective ways” According to Sophia Yang, head of developer relations.

In June 2025, Mistral AI also released a vibe coding client, Mistral CodeTo compete with incumbents such as Windsurf, Annipar’s cursor, and Githb Copilot.

Who is the founder of Mistral AI?

Three founders of Mistral AI share a background in AI research in major US tech companies with significant operations in Paris. CEO Arthur Mansch worked in Deepmind of Google, while CTO Timothy lacroex and Chief Scientist Officer Guelume Laple are employees of former META.

Co-founder advisors are also included Jean-Charlas Samuelian-Wire (Also a board member) and Charles Gorintin from Health Insurance Startup Alan, as well as former Digital Minister Sedric O, which has been caused persistent Controversy Due to his previous role.

Are Mistral AI models open sources?

not all of themMistral AI separates its key model, which Weighing Commercial purposes are not available, from its free model, for which it provides weight access under the Apache 2.0 license.

Free models include research models like Mistral Nemo, which was made in collaboration with Nvidia Open sour In July 2024.

How does Mistral Ai Earn Money?

While many offerings of Mistral AI are free or Now there are free levelsMistral AI plans to run some revenue from the levels paid by le chats. Placed in February 2025, the Price of the Pro Plan of Le Chat is $ 14.99 per month.

Purely on the B2B side, Mistral AI mastery its key model via API with use-based pricing. Enterprises can also give licenses to these models, and the possibility of the company also generates an important part of its revenue with its strategic participation, some of which highlighted it. During Paris AI Summit,

Overall, however, according to several sources, the revenue of Mistral AI is within the range of eight digits.

Which partnership has Mistral AI shut down?

In 2024, Mistral AI entered a deal with Microsoft, which included a strategic partnership to distribute Microsoft’s Azure platform and disburse its AI model through € 15 million investment. UK competition and market authority (CMA) Finished fast The deal was not eligible for investigation due to its small size. However, it bounced anything Criticism In the European Union.

In January 2025, Mistral AI Signed a deal with press agency Egens France-Press (AFP) To chat back to AFP’s entire text Archive by 1983.

Mistral AI also won a strategic partnership with France Army And job agency, Luxembourg, Shipping giant CMAGerman Defense Tech Startup Helsing, IBM, orangeAnd Descendant,

In May 2025, Mistral AI announced that it will participate in construction An AI campus in the Paris regionAs part of a joint venture with UAE-investment firm MGX, NVDia and investment bank owned by the state of France BPFron,

In June 2025, it was announced that starting in 2026, Mistral would launch a European platform dedicated to AI and would be operated by NVDia processor, Mistral ComputeThis was the initiative Macron seen as ‘historic’ by MacronWho shared the stage soon after the announcement at the Wivatech conference with Meensh and Nvidia CEO Jensen Huang.

In July 2025, it announced Aye for citizens“Strategically a collaborative initiative to exploit AI for their people by replacing strategic public services to states and public institutions strategically, innovation and ensure competition.”

How much funding Mistral AI has done till date?

As of February 2025, Mistral AI increased by about $ 1.04 billion at the current exchange rate, around € 1 billion in the capital to date. It includes some loan financing, as well as several equity financing rounds that have been raised in near succession.

In June 2023, and before it released its first models, Mistral AI raised A. Record $ 112 million seed round LightSpeed Venture led by partners. Sources of that time said that seed round – Europe’s largest ever The then one month old startup is valuable in $ 260 million.

Other investors in this seed round included BPIFRANCE, Eric Schmidt, Exor Ventures, First minute capital, headline, JCDECUX Holding, La Famiglia, Localglobe, Motier Ventures, Rodolphe Saadé, Sofina, and Xavier niel.

Only six months later, it stopped A series of € 385 million A (At that time $ 415 million), on a reported evaluation of $ 2 billion. The round was led by Andresen Horovitz (A16Z), which included the existing Backer Light Supid, as well as BNP Paribas, CMA-CGM, CONG, Elad GIL, General Catalist and Cellsforce participation.

$ 16.3 million convertible investment As part of his partnership announced in February 2024, Microsoft was created at Mistral AI, a series was presented as an extension, with an unchanged assessment.

In June 2024, Mistral AI then picked up € 600 million in equity and loan mixture (At that time around $ 640 million at exchange rate). Long -time rimated The $ 6 billion evaluation with notable investors, including Cisco, IBM, Nvidia, Samsung Venture Investment Corporation and others, was led by general catalysts.

Mistral AI is now Reportedly in conversation to raise $ 1 billion In equity from investors, including Abu Dhabi’s MGX fund, there are hundreds of crores of euros in debt.

How is Mistral AI AI reaching close to regulation?

MENSCH was part of a group of European CEOs Signed an open letter Brussels urged in July 2025 ‘stop the clock’ The European Union was implemented for two years before the major obligations of the Artificial Intelligence Act. Is European Commission Sticking to its original time,

What can a Mistral AI look like getting out?

Mistral is “not for sale,” Meench said at the World Economic Forum in Davos in January 2025. “Absolutely, [an IPO is] Plan. ,

This makes sense, given how much the startup has raised so far: even a large sales cannot provide high adequate multiples for their investors, not to mention sovereignty concerns based on the acquisition.

However, certainly the only way to squash consistent acquisition rumors – recent Naming apple – To bring your revenue to those levels that can make the evaluation of about 6 billion dollars from a distance. Stay in any way.

The story was originally published on February 28, 2025 and will be updated regularly,