Ira Michael Blonder’s Post

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CEO & Founder, IMB Enterprises, Inc. - Developing Business with Thought Leadership

https://lnkd.in/gVmKa3qX What stands out for me in this story? 1) Mistral has collected via its funding rounds, to date, a diverse set of investors with deep pockets - a couple based in Silicon Valley in the States, and several based in Europe. I think this is a healthy sign for the business. 2) Arthur Mensch's claim Mistral possesses a highly efficient development process ("[Mistral] launched its first AI model with a team of just 10 people, spending less than $500,000 on training costs [Mensch] said), if the efficiency continues as the business scales, should be a big plus. 3) What could be better than Mensch predicting profitability for the business before the end of the year? #mistral

‘We compete with everybody’: French AI start-up Mistral takes on Silicon Valley

‘We compete with everybody’: French AI start-up Mistral takes on Silicon Valley

ft.com

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