Mistral is not for sale, the French alternative to ChatGPT aims for the stock market

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The French company Mistral is today Today, it is one of the most advanced startups in the field of artificial intelligence. And in addition to having already raised more than a billion dollars, it offers a competitor to ChatGPT called Le Chat which, recently, has been equipped with an integration with Agence France Presse, to provide content journalistic to the answers of this chatbot.

The good news is that this French AI champion intends to remain independent. During an interview with Bloomberg TV at the World Economic Forum in Davos, Mistral CEO Arthur Mensch explained that the company values ​​this independence enormously. Furthermore, Mistral is not interested in being acquired by a larger group. However, its goal is to one day be listed on the stock exchange. Otherwise, Arthur Mensch also revealed that to date, Mistral is in no rush to raise new funds.

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In competition with OpenAI and tech giants

Mistral's products compete with those of OpenAI, Anthropic, but also with AI products from digital giants like Google. However, the French company has some advantages in this competition. First of all, its small size would facilitate collaboration with its customers. And being a European company would allow access to a good pool of talent.

But Mistral is gradually expanding. It is already present in the United States and Europe. And in the interview, Arthur Mensch announces the upcoming opening of premises in Singapore. In any case, this startup is currently the only one to offer an alternative to American AI models in Europe. “We are the only European company to offer what we offer,” said the CEO.

• Mistral is positioning itself as one of the leading startups specializing in generative AI
• It already offers a competitor to ChatGPT, called Le Chat
• In an interview with Bloomberg TV, its CEO, Arthur Mensch, indicated that the startup is not for sale
• However, it plans to go public
• Arthur Mensch also mentioned Mistral's advantages, such as its size, which allows for better collaboration with customers, or the fact that it can access a large pool of talent in Europe

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