Paris‑based Mistral AI announced two new speech‑to‑text models, Voxtral Mini Transcribe V2 and Voxtral Realtime, that operate with just four billion parameters. The models can run on a phone or laptop, support real‑time transcription within 200 milliseconds, and translate across 13 languages. By keeping the models small, Mistral aims to lower costs, improve privacy, and offer an open‑source alternative to larger U.S. offerings. The rollout reflects the company’s strategy of delivering specialized, efficient AI tools while emphasizing European sovereignty in the fast‑moving generative‑AI market. Read more →

Sequoia Capital is set to invest in Anthropic, the AI startup behind the Claude language models, as part of a multi‑billion‑dollar raise led by GIC and Coatue. The deal, valued at over $350 billion, signals a shift in venture‑capital strategy, with Sequoia backing competing AI firms simultaneously. Analysts view the round as a benchmark for private AI valuations and a catalyst for increased global capital flow into the sector, while European stakeholders watch for implications on regional AI ecosystems. Read more →

Nvidia has signed a €1 billion partnership with Deutsche Telekom to create an AI factory in Munich. The project, called the Industrial AI Cloud, will deploy over 1,000 Nvidia DGX B200 systems and RTX Pro servers equipped with up to 10,000 Blackwell GPUs to deliver AI inferencing and other services to German companies while respecting data‑sovereignty rules. Early partners include Agile Robots, which will install server racks, and Perplexity, which will use the facility for in‑country AI inferencing. SAP will supply its Business Technology platform, and the center is slated to begin operations in early 2026. Read more →

French AI startup Mistral AI is finalizing a €2 billion investment that places the company at a post‑money valuation of $14 billion. The two‑year‑old OpenAI rival, founded by former DeepMind and Meta researchers, builds open‑source language models and the Le Chat chatbot for European users. While the firm declined to comment, the round marks its first major raise since a June 2024 financing that valued it at €5.8 billion. Mistral has previously secured over €1 billion from investors such as Andreessen Horowitz and General Catalyst, amid a surge in European AI funding. Read more →

French AI startup Mistral AI is finalizing a €2 billion investment that places the company at a post‑money valuation of $14 billion. The two‑year‑old OpenAI rival, founded by former DeepMind and Meta researchers, builds open‑source language models and the Le Chat chatbot for European users. While the firm declined to comment, the round marks its first major raise since a June 2024 financing that valued it at €5.8 billion. Mistral has previously secured over €1 billion from investors such as Andreessen Horowitz and General Catalyst, amid a surge in European AI funding. Read more →

French AI startup Mistral AI is finalizing a €2 billion investment that places the company at a post‑money valuation of $14 billion. The two‑year‑old OpenAI rival, founded by former DeepMind and Meta researchers, builds open‑source language models and the Le Chat chatbot for European users. While the firm declined to comment, the round marks its first major raise since a June 2024 financing that valued it at €5.8 billion. Mistral has previously secured over €1 billion from investors such as Andreessen Horowitz and General Catalyst, amid a surge in European AI funding. Read more →

French AI startup Mistral AI is finalizing a €2 billion investment that places the company at a post‑money valuation of $14 billion. The two‑year‑old OpenAI rival, founded by former DeepMind and Meta researchers, builds open‑source language models and the Le Chat chatbot for European users. While the firm declined to comment, the round marks its first major raise since a June 2024 financing that valued it at €5.8 billion. Mistral has previously secured over €1 billion from investors such as Andreessen Horowitz and General Catalyst, amid a surge in European AI funding. Read more →

French AI startup Mistral AI is finalizing a €2 billion investment that places the company at a post‑money valuation of $14 billion. The two‑year‑old OpenAI rival, founded by former DeepMind and Meta researchers, builds open‑source language models and the Le Chat chatbot for European users. While the firm declined to comment, the round marks its first major raise since a June 2024 financing that valued it at €5.8 billion. Mistral has previously secured over €1 billion from investors such as Andreessen Horowitz and General Catalyst, amid a surge in European AI funding. Read more →