OpenAI competitor Mistral AI completes $640 million Series B financing, General Catalyst leads the investment

Odaily Planet Daily News Mistral AI announced the completion of 600 million euros (about 640 million US dollars) in Series B financing, led by General Catalyst, Belfius, Bertelsmann Investments, BNP Paribas, Bpifrance (through its Digital Venture Capital Fund), Cisco, Eurazeo, Headline, IBM, Korelya Capital, Latitude, Millennium New Horizons, Sanabil Investments, ServiceNow, SV Angel, Lightspeed Venture Partners, Andreessen Horowitz, Nvidia, Samsung Venture Investments and Salesforce Ventures. Mistral AI's main competitors include OpenAI, Anthropic, etc., and it has currently released pre-trained and fine-tuned models under an open source license with open weights. (TechCrunch)