AIFast Company Techabout 3 hours ago
AI ecosystem beyond OpenAI and Nvidia
12 min read
Mistral AI, founded in April 2023 by former Google DeepMind and Meta researchers, reached over $400 million in annualized recurring revenue by early 2026. The Paris-based company closed a €1.7 billion Series C led by ASML at an €11.7 billion valuation. Mistral launched Vibe, an agentic platform for research, drafting, and code deployment.
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