Mistral AI introduced two new transcription models—Voxtral Mini Transcribe 2 and Voxtral Realtime—designed to run on edge devices such as phones, laptops, and wearables. The compact models prioritize privacy by keeping data local, and they deliver low‑latency performance, with the realtime model achieving less than 200 milliseconds of delay. Available via Mistral’s API and on Hugging Face, the models support 13 languages and can be customized for specific vocabularies, offering accuracy comparable to larger systems while maintaining speed and user control. Read more →

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 →

French AI startup Mistral AI introduced Devstral 2, a 123 billion‑parameter open‑weights coding model that achieved a 72.2 percent score on the SWE‑bench Verified benchmark. Alongside the model, Mistral released the Mistral Vibe command‑line interface, enabling developers to interact with Devstral models directly in their terminal, manage project context, and execute autonomous code changes. A smaller 24 billion‑parameter version, Devstral Small 2, scored 68 percent on the same benchmark and can run locally on consumer hardware. Both models support a 256,000‑token context window and are released under permissive open‑source licenses. Read more →

French AI startup Mistral AI announced the release of Devstral 2, a new generation coding model, alongside Vibe CLI, a command‑line interface designed to automate code tasks through natural language. The company highlighted the model’s size, hardware requirements, and open‑source licensing options, and noted that Vibe CLI can maintain persistent history and scan file structures to provide context‑aware assistance. Partnerships with Kilo Code, Cline, and Zed were mentioned, as well as the continuation of Mistral’s growth after a recent funding round led by ASML. Read more →

French AI firm Mistral AI announced a new family of open‑source language models, including the flagship Mistral Large 3 and a suite of smaller Ministral 3 variants. Designed for general‑purpose use and edge deployment, the models support a wide range of languages by emphasizing non‑English training data. Co‑founder Guillaume Lample highlighted the goal of making high‑end AI accessible, while the open‑weight approach allows developers to customize and run the models on laptops, smartphones, cars, or robots without relying on constant internet connectivity. Read more →

A new Accel report finds the United States still leads in large AI models, but Europe is rapidly catching up in the application layer. Emerging firms such as Lovable and Synthesia are highlighted as category leaders, while European and Israeli startups have raised 66 cents for every dollar raised by U.S. peers. The report notes unprecedented growth speed, with AI‑native applications reaching $100 million in annual recurring revenue in just a few years and delivering the highest revenue‑per‑headcount in software history. Venture capitalists see defensibility in product‑centric offerings and believe proprietary data remains undervalued. 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 →

The European Union has confirmed it will continue with its planned rollout of AI legislation, despite calls from tech companies to delay the implementation. The AI Act aims to regulate the use of artificial intelligence in the EU, with a focus on risk-based regulation and transparency. Read more →