Mistral AI secured €600 million in Series B funding, led by General Catalyst, boosting its valuation to $6 billion. The company aims to rival top-performing models like GPT-4o and Claude 3.
Mistral AI released pre-trained models under an open-source license, like Mistral 7B, to encourage wider adoption. However, advanced models like Mistral Large are proprietary, intended for API-first products with usage-based pricing.
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