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The Latest Breaking News from Arthur Mensch

Analysis: Will Big Tech's colossal AI spending crush Europe's data sovereignty?

Big Tech companies are going all in on AI development, raising their projected capital expenditure to over $700bn (€590bn) this year, an increase of roughly 75% compared to 2025.

ASML invests $1.5B in French AI startup Mistral, forming European tech alliance

ASML invests $1.5B in French AI startup Mistral, forming European tech alliance

ASML, a leading Dutch chipmaking equipment maker, is investing 1.3 billion euros ($1.5 billion) into French AI startup Mistral AI

The Independent UK

Mistral and ASML forge €1.7bn alliance to shape Europe’s AI future

Mistral and ASML forge €1.7bn alliance to shape Europe’s AI future

Paris-based Mistral AI has achieved Europe’s largest fundraising round in artificial intelligence to date, securing €1.7 billion and bringing Dutch semiconductor giant ASML on board as a strategic partner in a deal seen as bolstering Europe’s drive for technological sovereignty.

Radio France Internationale

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Mistral Cements AI Lead In Europe With Cash Infusion

France's Mistral on Tuesday cemented its position as Europe's top AI hope against far larger US and Chinese competitors after a record fundraising round and a tie-up with chipmaking equipment heavweight ASML. The 1.7 billion euro ($2 billion) cash infusion values Mistral at 11.7 billion euros, double its heft last…

International Business Times

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

Macron Beats French Investment Drum Ahead Of AI Summit

French President Emmanuel Macron trumpeted the benefits of artificial intelligence Sunday, ahead of a two-day Paris summit on the technology and its potential benefits and pitfalls.

International Business Times

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.

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

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

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

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.

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

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

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

AI boom makes European universities the new Harvard and Stanford for tech talent

AI boom makes European universities the new Harvard and Stanford for tech talent

Mistral CEO Arthur Mensch’s Parisian alma mater is a breeding ground for France’s $2.3 billion AI talent boom.

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

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.

AI boom makes European universities the new Harvard and Stanford for tech talent

AI boom makes European universities the new Harvard and Stanford for tech talent

Mistral CEO Arthur Mensch’s Parisian alma mater is a breeding ground for France’s $2.3 billion AI talent boom.

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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.

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.

The Guardian - UK

‘It’s just a matter of time’: why AI could help Europe create its own Apple or Google

Silicon Valley overshadows its transatlantic rivals. But as artificial intelligence grows – and with a global summit on it this week – some think it could offer a Euro startup the chance to become a new Google

A.I. company raises record $113 million just a month after being founded—despite having no product ready and only just hiring staff

The Paris-based startup wants to build generative A.I. technology like that powering ChatGPT.

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