Mistral raises $3.5 billion for open-weight AI push, The New Stack reports
The New Stack says the French AI company is directing the new funding toward frontier research, computing resources and infrastructure.
TLDR
The New Stack reports that Mistral raised $3.5 billion to help open-weight AI compete at the frontier. The publisher describes the spending on research, compute and infrastructure as a bet that open weights alone aren't enough to fight AI concentration.
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