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Mistral AI Completes $113M Seed Funding Round, Set to Take AI Space by Storm

By the company’s estimates, its first models for text-based generative AI will be released by 2024. Four-week-old artificial intelligence (AI) startup, Mistral AI, has raised $113 million in seed funding. The round was led by Lightspeed Venture Partners and saw participation from JCDecaux Holding, Motier Ventures, and Rodolphe Saadé in France. International VCs such as Exor Ventures from Italy, Belgium’s Sofina, and many others also partook in the round. The seed round has now brought the...

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