Microsoft's $13.5 billion investment in OpenAI boosted stock by 56% in the past year, but further growth expected with the partnership and investment in Mistral AI startup.
Partnership with Mistral includes collaborative research to develop AI applications, positioning Mistral as the second company providing language models on Microsoft's Azure cloud platform.
Mistral received a €2 billion valuation with investments from Andreessen Horowitz, Nvidia, Salesforce, General Catalyst, and Eric Schmidt, indicative of the company's rapid growth and potential in the AI market.
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