Mistral AI: Key Details

Mistral AI is a French AI company founded in April 2023 that specialises in developing efficient large language models (LLMs). It aims to democratise AI by providing accessible, high-performance technology for businesses, developers and researchers. Mistral AI distinguishes itself through an open-source approach, allowing modification and integration of its AI models.

Mistral AI's models are designed for various natural language processing (NLP) and machine learning applications, including text generation, code development and automation. The company divides its LLMs into general purpose, specialist, and research models. Its multilingual Mistral Large 2 supports many languages and coding languages. ASML and Mistral AI have recently announced a partnership to explore the use of AI models across ASML's product portfolio. ASML is also investing 1.3 billion EUR in Mistral AI’s Series C funding round as lead investor.

Mistral AI promotes a transparent approach to technology, with a global presence in the United States, United Kingdom and Singapore. The company's valuation is over $14 billion as of 2025.