New Mistrial AI Model Set to Challenge GPT-4

Li Nguyen
Arthur Mensch, founder of Mistral AI SAS, during the LaRef conference in Paris, France, on Monday, Aug. 28, 2023. LaRef runs from Aug. 28-29. Photographer: Nathan Laine/Bloomberg via Getty Images

What’s Happening & Why This Matters

Mistral AI is announcing plans to release a paid version of Le Chat for enterprise customers, which will include central billing and moderation mechanisms. The company has also formed a partnership with Microsoft to provide Mistral models to Azure customers. This collaboration is expected to bring in more customers and keep Azure users within Microsoft’s product ecosystem.

t/f Summary: What’s Next

In addition to being the main investor in OpenAI’s capped profit subsidiary, Microsoft has welcomed other AI models onto its cloud computing platform. This open partnership strategy may help Microsoft retain customers and could also assist with anticompetitive scrutiny. A previous version of this article mistakenly compared Mistral Large’s pricing with an older version of OpenAI’s GPT API, when in fact Mistral Large is 1.25x cheaper than the most recent GPT-4 Turbo.

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By Li Nguyen “TF Emerging Tech”
Liam ‘Li’ Nguyen is a persona characterized by his deep involvement in the world of emerging technologies and entrepreneurship. With a Master's degree in Computer Science specializing in Artificial Intelligence, Li transitioned from academia to the entrepreneurial world. He co-founded a startup focused on IoT solutions, where he gained invaluable experience in navigating the tech startup ecosystem. His passion lies in exploring and demystifying the latest trends in AI, blockchain, and IoT
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