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In the rapidly evolving world of artificial intelligence, a new player has emerged as a formidable competitor to industry giants like OpenAI and Google DeepMind. Mistral AI, a French startup founded in April 2023, has quickly made a name for itself with its innovative approach to large language models (LLMs) and open-source AI solutions.


The Rise of Mistral AI

Founded by former employees of Meta Platforms and Google DeepMind, Mistral AI has experienced meteoric growth in just over a year. The company’s valuation skyrocketed from over $2 billion in December 2023 to an impressive €5.8 billion by June 2024, following a €600 million funding round led by General Catalyst.


Mistral’s Model Lineup: From Open-Source to Enterprise-Grade

Mistral AI has developed an impressive array of language models, catering to various needs and applications:


  • Mistral 7B: Released in September 2023, this open-source model matches the capabilities of 30-billion parameter models.
  • Mixtral 8x7B and 8x22B: Sparse mixture of experts models offering high performance with efficient parameter usage.
  • Mistral Small, Medium, and Large: A range of models designed for tasks from simple classification to complex reasoning.
  • Mistral Embeddings: Specialized for text-to-vector conversion, enabling advanced retrieval applications.
  • Codestral: A model optimized for code generation and completion tasks.

Mistral Large 2: The New Flagship Model

On July 24, 2024, Mistral AI unveiled its latest breakthrough: Mistral Large 2. This powerful model boasts:


  • 123 billion parameters
  • A massive 128,000-token context window
  • Support for dozens of languages and over 80 programming languages
  • Advanced function calling and retrieval skills

Mistral Large 2 has shown impressive performance on benchmarks like MMLU, achieving 84.0% accuracy and positioning itself competitively against leading models like OpenAI’s GPT-4 and Meta’s Llama 3.1


Mistral NeMo: Collaboration with NVIDIA

Just days before the release of Mistral Large 2, the company introduced Mistral NeMo, a 12-billion parameter model developed in partnership with NVIDIA. This model features:


  • A 128,000-token context window
  • State-of-the-art performance in reasoning and coding accuracy
  • Multilingual capabilities
  • Efficient quantization-aware training for optimized deployment

Accessibility and Deployment

Mistral AI has made its models widely accessible through various platforms:


  • Google Vertex AI
  • Amazon Bedrock
  • Azure AI Studio
  • IBM watsonx.ai
  • Mistral’s own platform, la Plateforme

Additionally, the company offers free trials of its ChatGPT competitor, le Chat, allowing users to experience the power of Mistral’s models firsthand.


The Future of AI: Mistral’s Impact

As Mistral AI continues to push the boundaries of what’s possible with large language models, it’s clear that the company is poised to play a significant role in shaping the future of AI. By offering powerful, cost-effective, and open-source alternatives to proprietary models, Mistral is democratizing access to cutting-edge AI technology.


For businesses and developers looking to harness the power of advanced language models, Mistral AI’s offerings present an exciting opportunity to explore new possibilities in natural language processing, code generation, and complex reasoning tasks.


As the AI landscape continues to evolve, keep an eye on Mistral AI – this young company is proving that innovation and openness can go hand in hand, challenging the status quo and driving the field forward at an unprecedented pace.


Mistral Large 2: The Quick Rundown | Video

Credit: Video by Developers Digest.

Mistral Large 2 vs Llama 3.1: The Coding Showdown | Video

Credit: Demo Video by Mervin Praison.