News Summary

• French AI startup Mistral launched its new Mistral 3 family of open-weight models on Tuesday.
• The 10-model release includes a large frontier model with multimodal and multilingual capabilities and nine smaller offline-capable, fully customizable models.
• The launch comes as Mistral has appeared to be playing catch up with some of Silicon Valley’s closed-source frontier models.
• But Mistral is trying to prove that bigger isn’t always better — especially for enterprise use cases.