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fromBusiness Insider
16 hours ago

$14 billion AI startup Mistral - Europe's answer to OpenAI - lands French military deal as the region bets on homegrown tech

France's Ministry of the Armed Forces said on Thursday that it has formally notified a framework agreement with Mistral AI, giving the country's armed forces, defense agencies, and affiliated public institutions access to the company's advanced AI models, software, and services. Under the deal overseen by the ministry's defense AI agency, Mistral's AI systems will be deployed on French-controlled infrastructure, a key priority for the military as governments grow increasingly cautious about where sensitive data is processed and which laws govern it.
France news
European startups
fromTechCrunch
7 months ago

North America takes the bulk of AI VC investments, despite tough political environment | TechCrunch

North America retains robust AI R&D funding amid a challenging environment, attracting more venture capital than Europe and Asia combined.
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