Microsoft, the tech giant known for its Windows operating system and Office suite, has announced a major acquisition in the field of artificial intelligence (AI). Microsoft Expands its AI portfolio with Mistral AI Deal. A startup that specializes in natural language processing (NLP) and computer vision, for an undisclosed amount.
Microsoft AI portfolio helps customers build and use AI applications with various products, services, and tools and to engage in various locations. It covers different domains and scenarios. Mistral AI’s first large language model (LLM), which has 7.3 billion parameters and has proven competitive with Meta’s Llama 2 13B, later it had planned to join a partnership with Microsoft.
Microsoft’s AI Portfolio and Azure will benefit from the deal with Mistral AI, a 2021 startup that creates LLMs for natural language and computer vision and uses them in various fields. Microsoft made a small investment in Paris startup Mistral AI, unlike its billion-dollar deal with OpenAI, which faced antitrust probes.
Microsoft revealed an AI deal with the French startup Mistral AI that could reduce the software giant’s dependence on ChatGPT-creator OpenAI for providing the next generation of chatbots and other generative AI products. Mistral AI’s flagship model, on Azure AI platform.
It is a French startup that develops large language models (LLMs) that can generate new content. Microsoft has partnered with Mistral AI to access its LLMs on Azure, its cloud platform. Mistral AI competes with OpenAI, another AI company that Microsoft has backed with billions of dollars.
Mistral also announced earlier that it is collaborating with other major cloud players such as Amazon and Google. Mistral got big funding and high valuation last spring. Mistral Large can handle a wide range of language-based tasks, such as text summarization, code generation, translation, and more.
Mistral AI’s products include Copilot, a conversational assistant that can help users with various tasks on the web. Mistral on Monday released a public test version of its own chatbot, called Le Chat, that apparently was flooded with so much interest that a company executive said it was temporarily unavailable for part of the day.
As the emerging technology of AI sparks a surge of interest, other big tech companies like Google and Amazon have also increased their spending on AI. Last week, global markets reached new peaks thanks to the strong performance of Nvidia, a maker of AI chips.
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