Mistral AI announced a multi-year SAP partnership to integrate its models into AI Foundation and jointly develop tailored solutions for complex European industries and the public sector. It will also accelerate vision-language-action model research with Helsing for defence and security, open a German office in the coming months and significantly expand its local team.
Mistral AI announced a €1.7 billion Series C at a €11.7 billion post-money valuation, led by semiconductor equipment maker ASML. Existing investors including DST Global, Andreessen Horowitz, Bpifrance, General Catalyst, Index Ventures, Lightspeed and NVIDIA participated.
Mistral AI, Carbone 4 and France's ADEME completed the first full-lifecycle AI model analysis. By January 2025, Large 2 training and 18 months of use produced 20.4 ktCO₂e, consumed 281,000 cubic metres of water and 660 kg Sb eq of resources.
Mistral AI launched AI for Citizens, helping governments and public institutions strategically apply AI to transform public services, innovate and safeguard competitiveness. It offers open-source models, self-hosting, data sovereignty and tailored R&D, with government and public-sector partners in France, Luxembourg, Singapore, the Netherlands, the UK and Switzerland.