Tag: Mistral AI
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Mistral AI launches Medium 3 model offering high performance at low cost
French startup Mistral AI has launched its new model, Mistral Medium 3. The model offers a balance of efficiency and top-tier AI performance. It is available through Mistral’s API with specific pricing per million tokens. Mistral states this model competes closely with more expensive alternatives. High Performance at Competitive Pricing Mistral Medium 3 costs $0.40…
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Mistral AI’s Le Chat hits 1M downloads in two weeks post-launch
Mistral AI, a French startup founded in April 2023, has become a major AI competitor by launching its chat assistant “Le Chat” on mobile. Within two weeks of early 2025 release, the app gained over one million downloads. The company, headquartered in Paris, also raised €600 million in June 2024, valuing it at €5.8 billion.…