What is Mistral AI? Everything to know about the OpenAI competitor | TechCrunch

Image for article What is Mistral AI? Everything to know about the OpenAI competitor | TechCrunch
News Source : TechCrunch

News Summary

  • Mistral AI is the French company that develops the AI chatbot Le Chat and several foundational large language models.
  • The company is valued at €11.7 billion (approximately $13.8 billion) following a Series C funding round led by Dutch semiconductor company ASML.
  • In July 2025, Mistral AI updated Le Chat with new features that bring it closer to rival full-stack AI chatbots.
  • The chatbot is available on iOS and Android, reaching 1 million downloads in the two weeks following its mobile release and grabbing France’s top spot for free downloads on the iOS App Store.
Mistral AI, the French company that develops the AI chatbot, Le Chat, and several foundational large language models, is considered one of Frances most promising tech startups, and is arguably the on [+9644 chars]

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