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Mistral AI’s New Chatbot Looks to Rival GPT-4 Mistral AI’s New Chatbot Looks to Rival GPT-4
Paris-based Mistral AI is emerging as a formidable challenger to industry giants like OpenAI and Anthropic. With the recent unveiling of... Mistral AI’s New Chatbot Looks to Rival GPT-4

Paris-based Mistral AI is emerging as a formidable challenger to industry giants like OpenAI and Anthropic. With the recent unveiling of its flagship large language model, Mistral Large, and the beta release of its chat assistant, Le Chat, Mistral AI is hoping to stand shoulder-to-shoulder with rival models such as GPT-4 and Claude 2.

Founded by veterans from Google’s DeepMind and Meta, Mistral AI raised $113 million in a seed round shortly after its inception in May 2023, followed by a $415 million funding round led by Andreessen Horowitz. This financial backing has catapulted the company into the spotlight, highlighting its potential to revolutionize the AI domain.

Unlike its predecessors, Mistral Large is available through a paid API, adopting a usage-based pricing model similar to OpenAI’s. At $8 per million input tokens and $24 per million output tokens, it offers a more affordable alternative to GPT-4 Turbo as it’s 20% cheaper.

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This is also done without compromising the quality of service by supporting multiple languages and boasting a context window of 32k tokens. In short, Mistral Large is tailored for diverse, multi-lingual applications.

Alongside Mistral Large, Mistral AI introduces Le Chat. This is a new chat assistant designed to meet the growing demand for intelligent, conversational AI. Available in beta, Le Chat is free to try. It presents a choice between three models: Mistral Small, Mistral Large, and Mistral Next, each tailored to different user needs, excluding web access to ensure focused, reliable responses.

All of this comes as Mistral AI announced a partnership with Microsoft, integrating Mistral models into Azure’s offerings. The collaboration by the pair shows that Mistral wants to take on others within the market, while Microsoft continues to show off its desire to invest in diverse AI solutions.

In the future, this will also likely mean further opportunities for research and investment for the pair.

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