A dark horse has emerged in the European AI field - Mistral. This startup, which was founded only half a year ago, has risen rapidly with its open source model Mixtral 8x7B, with a valuation of US$2 billion, and is known as a strong competitor of OpenAI. The performance of Mixtral 8x7B is comparable to GPT-4, and coupled with the strong support of the French government, Mistral shows strong development potential and determination to challenge existing AI giants. This article will provide an in-depth analysis of Mistral’s successful strategy and its future development in the highly competitive AI market.
European AI startup Mistral has completed two rounds of financing only half a year after its establishment, and its valuation has soared to US$2 billion. The open source model Mixtral 8x7B it released has performance comparable to GPT-4, and is regarded by the industry as a strong challenger to OpenAI. Mistral has also received policy support from French President Macron and is known as "France's OpenAI". Through open source strategy and differentiated positioning, Mistral is competing with OpenAI.Mistral’s rapid development and high valuation demonstrate the huge potential of open source AI models, and also indicate that competition in the AI field will become more intense in the future. Its successful experience is worth learning from other AI companies. Open source, performance and government support are the key factors for Mistral's success. In the future, it is worth looking forward to whether Mistral can continue to maintain its competitive advantage.