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

Six-month-old group in funding talks that value it at between €1.5bn and €2bn amid high interest in its models
Co-founder Arthur Mensch says that AI companies’ rocketing valuations reflect that ‘this is a revolution that is certainly comparable to the internet’

Among the world leaders and Big Tech bosses meeting at Bletchley Park, England, last week to debate the regulation of artificial intelligence, was one less well-known chief executive.

Arthur Mensch, founder of Paris-based start-up Mistral AI, was representing the only European company present on the second day of the UK’s AI Safety Summit, when about 30 executives and politicians gathered for a more intimate discussion than that held by the previous day’s 100 attendees.

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