Mistral AI raises $644M, hits $6.2B in valuation

France's Mistral AI drew €600 million ($640 million, £510 million) in its latest funding round, bringing its valuation to €5.8 billion ($6.2 billion, £4.9 billion). The LLM development firm is one of the bigger players in the model training industry. OpenAI with its $80 billion to $90 billion valuation is by far the biggest …

[tmTM]

Peak hype

Rapidly approaching

[Sorry that handle is already taken.]

Re: Peak hype

https://davidgerard.co.uk/blockchain/2024/04/11/pivot-to-ai-hallucinations-worsen-as-the-money-runs-out/