Microsoft Invests $16M in Mistral AI: A Milestone for Web Tech Exciting news for the tech world! Microsoft's $16 million investment in Mistral AI paves the way for groundbreaking advancements in both Web2 and Web3 sectors. This move highlights the growing importance of AI in shaping the future of internet technologies. As a firm deeply involved in Web2 and Web3 development, we see this as a pivotal moment that could spark innovative solutions and collaborative opportunities within the ecosystem. Let's explore how this investment will influence the tech landscape. For more details, check out the full story. https://lnkd.in/d-z6CNPC #Microsoft #MistralAI #WebDevelopment #Innovation
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Could Microsoft become the first $10 trillion company? It's a possibility. The partnership with Mistral AI showcases Satya Nadella's strategic approach to dominating the core AI tech stack, positioning Microsoft as a key player. Alongside other #hyperscalers, Microsoft is poised to accumulate substantial wealth and influence. Collaborations with leading AI companieaas like OpenAI and Mistral AI enable continuous integration of AI capabilities into Microsoft's product ecosystem, reinforcing its dominance in the evolving digital landscape. The race to a $10 trillion valuation may see Microsoft at the forefront, unless competitors like NVIDIA take the lead. Read more: https://lnkd.in/dWRVB-gP #Microsoft #10Trillion #AI #TechStack #Partnership #SatyaNadella #OpenAI #MistralAI #DigitalEcosystem #NVIDIA
Microsoft made a $16M investment in Mistral AI | TechCrunch
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There was a time when tech giants used to innovate rapidly in three different segments like platforms, models and technologies to win the trust of AI consumers/researchers. Like Google Cloud has developed Vertex AI, AutoML etc in platforms, BERT, LamDA, PaLM, Gemini, Gemma in Models, Scikit-Learn, Transformer, Tensorflow 2.0 etc in Technologies. I reckon we are at a shift now, where there is more and more emphasis on collaborations, partnerships etc possibly propelled by the demand for rapidness in innovation, rather than investing entire energy into innovating across the entire spectrum. These collaborations are shaping up between Tech giants like Microsoft, Google, IBM, Meta + Startups who are rapidly innovating + Academia, universities where research is happening at a faster pace too. Tech giants bring infra + data, startups come up with innovative ideas and academia comes with path breaking research. A combination that fosters rapid progress in a decentralised manner. Please share your thoughts in the comments.
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Microsoft partners with Mistral! Oh boy, yet another amazing partnership. Microsoft has entered into a multi-year partnership with Mistral AI, a French startup specializing in artificial intelligence. Extending beyond its significant investment in OpenAI, Microsoft will invest $2.1 billion in Mistral AI to support the startup's commercial growth and market expansion. This investment will also fund research and development of AI models for public sector services in Europe. Additionally, Mistral AI will launch a ChatGPT-style AI chatbot named "Le Chat" as part of its offerings. As part of the agreement, Microsoft will make Mistral AI's models available on Azure and has also taken a minority stake in the company. Mistral AI is known for its large language models (LLMs) that are similar to those pioneered by OpenAI, capable of understanding and generating human-like text. Mistral's proprietary model, Mistral Large, will be the first to be made available to Azure customers. The technology will be hosted on Microsoft's cloud platform, and the startup has plans to make its models available on other cloud platforms in the future. Mistral was founded by individuals who previously worked on Meta's artificial intelligence teams and at Google's DeepMind. Microsoft's investment and partnership with Mistral AI come at a time when the company is under regulatory scrutiny in Europe and the U.S. for its large funding in OpenAI. #Microsoft #MistralAI #AI #Azure #Partnership
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📢 Microsoft's emerging AI Strategy - Investment in Mistral and possible diversification beyond OpenAI? Interesting news today about Microsoft announcing a new partnership with Mistral. Key points: - Mistral released it's latest model Mistral Large designed to rival GPT-4 - Multi-year partnership for Microsoft to distribute Mistral on their Azure platform (in addition to OpenAI and Llama) - Microsoft is investing €15 million in the French startup (which will convert to equity in the next funding round... estimated to be <1%) - There's increased scrutiny from EU / UK regulators around how technology companies are investing in AI (potentially resulting in Microsoft not making a big announcement about the partnership) https://lnkd.in/gDTueKi7
Microsoft made a $16 million investment in Mistral AI | TechCrunch
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Investment FOMO is driving Tech companies and investors. This is dot com and mobile FOMO all over again. Is this building an AI bubble like the now historical Tulip Bubble of the 1660s? Bubbles always pop. #ai #artificalintelligence #leadership #innovation #ChatGPT #futureofwork #GenerativeAI #businessautomation #genai #digitaltransformation #processautomation #ibm IBM #chatbot #startup #marketing #strategy #business #publicsector #technology #metaverse #airegulation #llm #data #ml #machinelearning #customerservice #aigovernance #aitools #aileadership #aiagents OpenAI #promp NVIDIA Microsoft Google Amazon Salesforce
Generative AI 'FOMO' is driving tech heavyweights to invest billions of dollars in startups
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France’s Mistral AI, a developer of generative artificial intelligence tools, is targeting the U.S. market. The startup aims to meet the rising demand for AI solutions that offer alternatives to those provided by tech giants like OpenAI and Google, focusing on an open-source approach that promotes safety and versatility. Despite its small size, Mistral AI, backed by over $500 million in funding and support from French political figures, plans to compete robustly in the industry. To accelerate its U.S. presence, Mistral has partnered with Microsoft, IBM, and Snowflake, with Microsoft's Azure platform exclusively hosting its latest AI model. The startup’s open-source models appeal to sectors like finance and healthcare for their flexibility and avoidance of vendor lock-in. Mistral’s brand is gaining traction in the U.S., promising further growth. #AINews #AI #TechInnovation #MistralAI #OpenSource #USMarket #BusinessGrowth #AIExpansion #TechStartups https://lnkd.in/g8FPsENZ
Mistral AI Targets US Market With Open-Source Models
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Google's AI overhaul takes centre stage at I/O 2024 with groundbreaking search enhancements. U.S. senators push for $32 billion in annual AI funding. Major investments include Pepper ($30M), SmarterDx ($50M), and WEKA ($140M). Elon Musk's xAI approaches a $10 billion deal with Oracle. AI detects sex differences in brain structure with 92-98% accuracy. Google hints at reviving AR glasses with AI. 🚀🔍💡 https://lnkd.in/e4tEtyjs #AI #Google #tech #Technology #Funding #Investment #Healthcare #Search #AR #ElonMusk #Oracle #Startup #Development #Ecommerce #Healthcare #Energy #Data #Platform #Cloud #Science #Automation #MachineLearning #Computing #Research
Google's AI Revolution: Major Breakthroughs & Bold Moves
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Microsoft invests billions in French startup Mistral AI. #AIinnovation 🤝 Follow us on Discord 🔜: https://lnkd.in/gt823Zd3 🤝 Follow us on Whatsapp 🔜 https://wapia.in/wabeta _ ❇️ Summary: Microsoft is heavily invested in AI, with recent partnerships with OpenAI and French startup Mistral AI. The collaboration aims to speed up AI innovation and introduce Mistral Large on Microsoft Azure, a language model proficient in code and mathematics. The partnership focuses on supercomputing infrastructure, market scaling, and AI research and development. Microsoft will provide Azure AI supercomputing infrastructure for Mistral AI’s models, offering opportunities for Mistral AI to promote and distribute its models to Microsoft customers worldwide. CEO of Mistral AI, Arthur Mensch, expressed excitement about the partnership and the potential for impactful progress in the AI industry. Hashtags: #chatGPT #MistralAI #MicrosoftInvestment
Microsoft invests billions in French startup Mistral AI. #AIinnovation
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Microsoft invests in Mistral AI, a $2B open-source AI startup that's only 10 months old! 🤩 As part of the partnership, Mistral will make its LLMs available on Azure, becoming only the second company after OpenAI to do so. Microsoft will also provide go-to-market support as Mistral launches its ChatGPT-style assistant Le Chat. What do you think of Microsoft investing in the European AI market? And so we expect to see more big tech partnerships like this emerge? #GenerativeAI #LLMs #AI
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I am sure Tobias Zwingmann is right about most of this and his advice is sound. My one disagreement is that there will be a market for smaller LLM vendors. The comparison of Solaris to Windows, Mac and Linux is not quite accurate. The success of an operating system (let's not forget OS/2) depends very much on a network effect: you need more and more users for software and hardware vendors to support the platform. That's not true in the same way for LLMs. Smaller LLM vendors can make a strong case for running their models on-premises on cheaper hardware, especially regarding security, privacy and training (rather than fine-tuning.) The competition among the high-end LLMs is great for us all: the models are genuinely exciting and fun. However, the majority of present-day business needs can already be met by cheaper, faster, earlier models from the big vendors or models from the smaller vendors. The headline-making capabilities of the large vendors (an ever-more complex, subtle understanding of language and visuals) are not needed for your own AI revolution. So, let's not give up on the smaller vendors yet, but they need to make their case clearly and effectively. And ... that is not happening. Marketing and differentiation among the smaller vendors are weak. They are picking up scraps rather than making their own market.
Helping business leaders build and run AI roadmaps for growth. | O'Reilly Author | LinkedIn Learning Instructor | Keynote Speaker | Managing Partner RAPYD.AI
OK folks, the AI race to the bottom has officially started and it's brutal. Meta released their Llama 3.1 model yesterday - giving you GPT-4 performance practically for free, as well as the ability to train smaller, more specialized models yourself. Just a few hours later, OpenAI sent out an email saying that GPT-4o mini fine-tuning is now available and you can do it for free over the next two months. 🤯 For businesses using AI, this means two things: 1) Expect token costs for LLMs to come down even further. There's no longer a big moat that allows any vendor to charge significantly more than the market average. Update your AI business cases accordingly. 2) Stop using proprietary LLMs from smaller vendors now. Companies like Cohere, AlephAlpha, and similar startups developing proprietary LLMs likely won't exist in 1-2 years from now or they'll just survive in a much smaller, niche, and more expensive form. It’s like betting on Solaris when the world gravitated toward Windows, Mac, and Linux. Building and selling LLMs is no longer a viable business model. (It probably never was.) But for companies implementing LLMs into their business operations, times have never been better. Now is the time to build a 5-year advantage over your competition.
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