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Mistral AI launches โ€˜Le Chatโ€™ mobile chatbot

Mistral AI, a French startup supported by Nvidia, has launched an app for its open-source generative AI assistant, Le Chat.

This release comes shortly after Chinaโ€™s DeepSeek introduced its own AI assistant, stirring interest in the technology sector.

Based in Paris, Mistral AI states that Le Chat can process up to 1,000 words per second with one of the industryโ€™s fastest inference engines.

The assistant reportedly has several million active users.

Recent Mistral AI developments

Timeline
23-Jan-2025 ๐Ÿš€ Mistral AI eyes IPO, expands to APAC market
  • Mistral AI plans IPO and Asia-Pacific expansion
  • Raised โ‚ฌ600M in 2023, focusing on affordable AI
16-Jan-2025 ๐Ÿ—ž๏ธ AFP news agency, Mistral AI partner for reliable chatbot content
  • AFP partners with Mistral AI for Le Chat
  • Users get access to 2,300 daily news stories
20-Jun-2024 ๐Ÿ’ผ General Catalyst to pour $1b into India, teams up with Venture Highway
  • General Catalyst & Venture Highway to invest in India
  • $500M-$1B investment planned over next 3 years
13-Jun-2024 ๐Ÿ“ˆ OpenAI closes in on $3.4b in annualized revenue: report
  • OpenAI targets $3.4B in annualized revenue
  • Competing with Google, xAI, and others in AI market
12-Jun-2024 ๐Ÿš€ OpenAIโ€™s Paris-based rival raises $640m at $6b valuation
  • Mistral AI raises 600 million euros in funding
  • Company valued at $6 billion, launches Codestral model

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