Coin Gabbar Token

<p>Mistral AI, an AI startup and competitor to<a href="https://www.coingabbar.com/en/crypto-currency-news/openai-threatens-european-exit-amid-proposed-ai-regulations" rel="noopener noreferrer nofollow"> OpenAI,</a> has raised $113 million in seed funding just two months after its launch, valuing the company at $260 million. Co-founded by former researchers from Google DeepMind and Meta, Mistral AI aims to develop open-source generative AI models. Led by Lightspeed Venture Partners, the funding round included participation from JCDecaux, Rodolphe Saadé, and Motier Ventures. Based in Paris, Mistral AI plans to release its first text-based generative AI models in 2024 and is actively hiring AI researchers, software engineers, and product developers.</p>

AI Startup Founded by Ex-Meta and Google Researchers Raises $113M

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