France’s Mistral Releases AI Model Tailored for Businesses

Mistral is releasing a new artificial intelligence model that’s tailored for business use cases, as the French startup tries to capitalize on Europe’s concerns about being overly reliant on technology from Silicon Valley.

The model, called Mistral Medium, is designed to power AI services that can generate text and process documents and other images. Mistral Chief Executive Officer Arthur Mensch said the product is “optimized for private deployment,” meaning companies can run AI models on their own computing resources rather than through public cloud providers.

Arthur Mensch

Photographer: Nathan Laine/Bloomberg

Mensch said this approach allows companies to better “customize” models to suit their particular ...