As AI models are taking center stage in diverse industries, a European startup company is looking to get into the market with an AI model competing against Meta Platforms Inc (NASDAQ: META) and OpenAI models.
What Happened? Mistral AI, a French startup, announced its first generative artificial intelligence (AI) model, Mistral 7B, a small-sized language model with 7 billion parameters that is available free to all developers, reported Bloomberg. The model was said to compete with U.S. leaders such as Meta Platforms and Microsoft Corp (NASDAQ: MSFT)-backed OpenAI.
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