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UNBELIEVABLE: 2 | History Defined

The AI unicorns that will soar, stagnate, and fall over the next few years, according to readers

Fortune asked readers to make some predictions about what the next few years will hold for the buzziest companies in AI.

Fortune

There are 372 AI unicorns right now, according to PitchBook. Here’s what that means

Right now, in the tech industry paddock, there are 372 AI unicorns, according to PitchBook.

Fortune

Why going open-source is crucial to ensure competition in AI

Race Capital's Alfred Chuang calls Open vs. closed a fundamental debate about who will control AI's potential as a trillion-dollar industry takes shape.

Fortune

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Mistral AI CEO shuts down IPO rumors—and doubles down on its 'open' strategy. Will it be enough?

Mistral AI CEO Arthur Mensch shuts down IPO rumors, reaffirming the startup’s commitment to open-source AI as it scales up to compete with China’s DeepSeek and global AI giants

Fortune

I matched Mistral AI's new Le Chat app against ChatGPT, and it did surprisingly well

Comparing ChatGPT to Le Chat

TechRadar

Reid Hoffman, Clem Delangue among tech entrepreneurs and VCs calling for AI 'public goods'

Ten prominent tech CEOs and venture capitalists are calling for the creation of public data sets and incentives to develop "small" AI models.

Fortune

France's Mistral AI teams up with UAE-backed developers as Le Chat app launches

French AI start-up Mistral has partnered with Cerebras Systems, an artificial intelligence chip firm backed by UAE tech conglomerate G42, to power the launch of its new AI assistant Le Chat, which claims to be the world’s fastest, delivering 1,000 words per second.

Radio France Internationale

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Mistral boss calls CEOs’ obsession with AI outsmarting humans ‘very religious’

Mistral CEO Arthur Mensch thinks the clamor from people like Elon Musk to declare AI as smarter than humans is driven by an apparent God complex.

Fortune

Europe's tech sector sees silver lining in DeepSeek's AI shake up

China’s DeepSeek AI chatbot may have rattled US tech giants, but in Europe some industry players see a potential advantage.

Radio France Internationale

DeepSeek dropped an open-source AI bomb—what does it mean for OpenAI and Anthropic?

DeepSeek’s R1 model has rattled the industry and slashed Nvidia’s stock. But for OpenAI, Anthropic, and Meta, there is an ironic twist.

Fortune

AFP strikes deal for France's Mistral AI to use news articles

The news agency Agence France-Presse (AFP) and French artificial intelligence company Mistral AI have signed a deal for the start-up's chatbot to use news agency reports to respond to users' requests, executives from the two organisations said on Thursday.

Radio France Internationale

AFP Strikes Deal For France's Mistral AI To Use News Articles

Global news agency Agence France-Presse (AFP) and French artificial intelligence company Mistral AI have signed a deal for the start-up's chatbot to use news agency reports to respond to users' requests, executives from the two organisations said Thursday.

International Business Times

A day after raising $500 million, AI startup Cohere told staff it was laying off about 20 employees

On Monday generative AI model startup Cohere celebrated a fresh $500 million in new funding at a $5.5 billion valuation, and on Tuesday company said it was laying off about 20 employees (out of close to 400).

Fortune

The VC behind Mistral, Revolut and Slack just raised $2.3 billion to invest in long-term AI champions: ‘The era of the quick buck mentality is over’

“We think Europe is going to be one of the most important ecosystems for AI,” Index Ventures's Hannah Seal told Fortune.

Fortune

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Fortune

Forget STEM. Paris university head says secret to France’s AI brains is a focus on the humanities

The provost of Bernard Arnault and Mistral founder Arthur Mensch's college wants students to be well-rounded.

Fortune

The riddle of the BeReal deal

It may not exactly be the venture exit of, say, investor Andreessen Horowitz’s dreams. But keep in mind that BeReal’s peak valuation in 2022 was $600 million, which makes this…a pretty good outcome.

Top News

British Regulators Clear Microsoft's Partnership With Mistral

British regulators clear Microsoft's partnership with Mistral, while ongoing reviews continue for other deals.

The Guardian - UK

UK competition watchdog steps up scrutiny of big tech’s role in AI startups

Microsoft and Amazon asked to comment on tie-ups, a move that paves way for formal investigation

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The Guardian - UK

AI race heats up as OpenAI, Google and Mistral release new models

Launches within 12 hours of one another, and more activity expected in industry over summer

Barchart

Forget OpenAI, Here's the New AI Start-Up Set to Boost Microsoft Stock

The "AI effect" can already be seen in Microsoft's financials - and now, the tech giant is expanding its AI bets beyond OpenAI to a French start-up that has also landed investments from the likes of Nvidia, Salesforce, and Andreessen Horowitz.

Windows Central

Microsoft makes a megadeal with a French AI startup as OpenAI is under investigation for potentially misleading investors during Sam Altman's sudden firing and subsequent reinstatement as CEO

Microsoft recently got into a $16 million multiyear deal with Mistral. This happened as the Securities and Exchange Commission (SEC) started looking into OpenAI following the board of directors' decision to fire and rehire him as CEO last year.

Evening Standard

Microsoft-backed startup launches free AI chatbot Le Chat Mistral

The multilingual helper can understand questions containing up to 20,000 words

Tom’s Guide

Watch out ChatGPT — Mistral just cut a huge deal with Microsoft for GPT-4 level AI model

Mistral has signed a partnership with Microsoft that includes offering its new Large model on Azure.

Radio France Internationale

France's Mistral AI signs partnership with Microsoft

Microsoft says it has sealed a "multi-year partnership" that would allow French company Mistral AI to use its platforms including Azure AI, which enables businesses to build apps using AI.

Tom’s Guide

Watch out ChatGPT - this OpenAI rival just unveiled a new chatbot that's totally free

Artificial intelligence startup Mistral’s latest model runs on your laptop, is open source and is performing as well if not better than models from Microsoft-backed OpenAI in tests.

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