The Microsoft-Backed AI Startup That’s Taking on Silicon Valley Giants

Paris-based startup Mistral makes artificial intelligence models similar to the ones that power AI tools like ChatGPT and Gemini. And even though it’s less than a year old, it’s already making big waves in the field. On Monday, Microsoft announced a partnership with Mistral, adding Mistral’s new model as an option for developers on its Azure cloud service. As part of the multiyear deal, Microsoft will take a small stake in the company. WSJ tech reporter Sam Schechner tells host Alex Ossola about what Mistral’s entry into the ecosystem means for the future of AI.

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