French artificial intelligence startup Mistral AI raised 105 million euros

[French artificial intelligence startup Mistral AI raises 105 million euros] Mistral AI said in a statement on Tuesday that it raised 105 million euros ($113 million) in its first round of financing to become a "new global player" in the field of artificial intelligence. The company is a new company founded by former researchers from DeepMind and Meta. The Paris-based startup is the latest to try to compete with OpenAI and Alphabet Inc. The financing by Mistral, a rival company of Google, which develops generative AI infrastructure, is one of the largest seed rounds in the history of European generative AI companies.