Timeline of Mistral AI

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This is a timeline of Mistral AI, a French artificial intelligence company specializing in open-weight large language models (LLMs). The company focuses on developing cutting-edge AI models with an emphasis on transparency, efficiency, and open access.

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Time period Development summary More details
April 2023 – December 2023 Foundation and early growth Mistral AI is founded in April 2023 by Arthur Mensch, Guillaume Lample, and Timothée Lacroix, former researchers at Google DeepMind and Meta AI. In June, the company secures €105 million in seed funding, positioning itself as a serious competitor in the AI space. By September, Mistral announces its commitment to open-weight AI models, setting itself apart from OpenAI and Anthropic. In December, the company releases Mistral 7B, a highly efficient open-weight language model. This launch demonstrates Mistral AI’s technical capabilities and its intent to challenge the dominance of larger, more established AI firms.
January 2024 – September 2024 Expansion and industry partnerships In early 2024, Mistral AI introduces Mixtral, a mixture-of-experts model that significantly improves efficiency by activating only a fraction of its neural network per query. By June, the company becomes Europe’s most significant AI startup outside the San Francisco Bay Area. In July, Microsoft invests in Mistral AI, integrating its models into Azure and reinforcing its presence in the enterprise AI market. In August, Mistral partners with Stellantis, an automotive giant, to enhance vehicle development, manufacturing, and customer interaction using AI. These milestones solidify Mistral AI’s influence and establishes it as a key global player.
October 2024 – Present Mainstream Adoption and productization Mistral AI takes a major step toward mainstream adoption in November 2024 with the launch of Le Chat, an AI assistant designed to rival ChatGPT and Claude. The platform stands out for its ultra-fast response times, multilingual capabilities, and enterprise-ready features. By February 2025, Mistral AI strengthens its partnership with Stellantis, integrating AI-powered assistants into vehicles and optimizing manufacturing processes. The company continues expanding its enterprise offerings while maintaining its commitment to open, efficient, and customizable AI models. Its rapid growth and strategic moves position it as an important competitor in the evolving AI landscape.

Full timeline

Year Month and date Event type Details
2023 April Mistral AI is founded in Paris, France, by former engineers from Google DeepMind and Meta Platforms. The company positions itself as an open-weight large language model (LLM) developer, emphasizing transparency and openness in AI. It is named after the mistral, a strong cold wind from southern France.[1]
2023 June Funding Mistral AI raises €105 million ($117 million) in its first fundraising round. Investors include Lightspeed Venture Partners, Eric Schmidt, Xavier Niel, and JCDecaux. The company's valuation is estimated at €240 million ($267 million).[2][3] [4]
2023 September 27 Product launch Mistral AI releases Mistral 7B, a language processing model with 7 billion parameters, under the free Apache 2.0 license. Designed to be more compact than competing AI models, it is officially available via a BitTorrent magnet link and Hugging Face.[5][6][7]
2023 December 9 Product launch Mixtral 8x7B is released via a BitTorrent link posted on Twitter.[8]
2023 December 10 Funding Mistral AI secures €385 million in a funding round led by Andreessen Horowitz and Lightspeed Venture Partners, valuing the company at approximately €2 billion. This investment, which also sees participation from Salesforce and BNP Paribas, marks Mistral AI's second significant fundraising within seven months, following an earlier €105 million round in June 2023. The capital infusion aims to advance Mistral AI's development of open-source AI models, positioning it as a European contender against established platforms like OpenAI's ChatGPT and Google's Bard.[9][10][11][12]
2023 December 11 Product launch Mistral AI releases Mixtral 8x7B, a mixture of experts model with 46.7 billion parameters but using only 12.9 billion per token. The model supports five languages (French, Spanish, Italian, English, and German) and is reported to outperform Meta's LLama 2 70B. A fine-tuned version, Mixtral 8x7B Instruct, is also introduced.[13][14][15]
2023 December Mistral AI reaches a valuation of over $2 billion. This rapid growth highlights investor confidence in the company's approach to AI development as an open-source alternative to proprietary models.[16][17] [18]
2024 February 26 Partnership Microsoft enters into a multi-year partnership with Mistral AI with the purpose to enhance AI innovation. The collaboration focuses on leveraging Azure’s AI infrastructure to support Mistral's models, making them available through Azure’s AI tools and models catalog. Mistral's flagship model, Mistral Large, excels in various tasks including reasoning, coding, and multilingual support. This partnership aims to accelerate AI applications in multiple sectors, including the public sector. Mistral AI is expected to benefit from Azure’s supercomputing infrastructure for better scalability and performance.[19][20][21]
2024 March A study by Patronus AI finds that Mixtral 8x7B generates copyrighted text verbatim in 22% of cases.[22][23]
2024 April 10 Product launch Mistral AI releases Mixtral 8x22B, a mixture of experts model delivering high performance on AI benchmarks. Initially distributed via a BitTorrent link on Twitter, it is later made available on Hugging Face.[24] [25] [26]
2024 April 16 Reports emerge that Mistral AI is in talks to raise €500 million, a deal that would more than double its valuation to at least €5 billion.
2024 May 29 Product launch Mistral AI launches Codestral, a 22-billion-parameter generative AI model designed for code generation tasks. Trained on a diverse dataset encompassing over 80 programming languages, including Python, Java, C, and C++, Codestral assists developers by generating code, completing functions, writing tests, and filling in partial code segments. It features a context window of 32,000 tokens, enabling it to handle extensive code contexts effectively. Benchmark evaluations indicate that Codestral outperforms existing models like CodeLlama 70B and DeepSeek Coder 33B in various coding tasks. The model is available under the Mistral AI Non-Production License for research and testing purposes, with commercial licenses offered upon request.[27][28][29][30]
2024 June 11 Funding Mistral AI secures €600 million ($645 million) in a funding round led by General Catalyst, elevating its valuation to approximately €5.8 billion ($6.2 billion). This substantial investment aims to bolster Mistral AI's development of large language models, positioning the company to compete with industry leaders like OpenAI.[31][32][33][34]
2024 July 16 Product launch Mathstral 7B, a model focused on STEM subjects, is released in collaboration with Project Numina under the Apache 2.0 License.[35][36][37]
2024 July 24 Product launch Mistral Large 2 is announced and released on Hugging Face with open weights under the Mistral Research License.[38][39][40]
2024 November 18 Product launch Mistral AI introduces Pixtral Large, a 124-billion-parameter open-weight multimodal model built upon Mistral Large 2. This model integrates a 123-billion-parameter decoder with a 1-billion-parameter vision encoder, enabling advanced text and image processing capabilities. Concurrently, Mistral has enhanced its chatbot platform, Le Chat, by incorporating features such as web search with in-line citations, an interactive canvas tool for ideation, and image generation powered by the Flux Pro model from Black Forest Labs. These updates position Le Chat as a robust competitor to leading AI assistants like OpenAI's ChatGPT.[41][42][43][44]
2024 Late Fall Mistral AI surpasses 100 employees.
2025 February 7 Product launch Mistral AI launches le Chat, an advanced AI assistant designed to enhance productivity and compete with ChatGPT. It offers fast responses, project tracking, document summarization, and multilingual support in five languages. Notably, its "Flash Answers" feature processes information at 1,000 words per second, surpassing ChatGPT and Claude. The platform includes OCR, code interpretation, and image generation, with a Pro version at $14.99/month and discounts for students.[45]
2025 February 7 Partnership Mistral AI and Stellantis expand their partnership to integrate AI across vehicle engineering, manufacturing, and customer experiences. Their new project is an AI-powered in-car assistant, enabling real-time, voice-enabled support for drivers. Mistral AI's expertise in large language models also enhances manufacturing efficiency, fleet data analysis, and product quality. Other initiatives include AI-driven component analysis, automated vehicle feedback processing, and anomaly detection in manufacturing. This collaboration showcases Mistral AI’s capabilities in applying generative AI to real-world automotive solutions.[46]
2025 March 18 Product launch Mistral AI unveils the Mistral Small 3.1, a lightweight and open-source AI model with 24 billion parameters. Despite its smaller size, it outperforms similar models from OpenAI and Google, offering enhanced text performance, multimodal processing, and an expanded context window of 128,000 tokens. The model processes data at 150 tokens per second, making it suitable for rapid applications. Its focus on algorithmic optimization allows it to run on less powerful infrastructure, increasing accessibility and sustainability. Mistral’s open-source strategy encourages collaboration but presents revenue challenges, as it competes with closed models from other companies.[47]
2025 April 18 Product launch Mistral AI announces Mistral Small 3.1, a 24-billion parameter open-source language model that improves on its predecessor with enhanced performance, multimodal capabilities, and a 128,000-token context window. Despite its compact size, it rivals or surpasses models like Google’s Gemma 3-it 27B and OpenAI’s GPT-4o Mini, particularly in tasks requiring long-context reasoning and image-text understanding. Available in both pre-trained and instruction-tuned formats, Small 3.1 runs efficiently on accessible hardware and is licensed under Apache 2.0. It can be downloaded via Huggingface, tested on Mistral’s platform, and accessed through Google Cloud and NVIDIA NIM.[48]
2025 May 21 Product launch Mistral AI launches Devstral, a new open-source software engineering (SWE) agent model with 24 billion parameters that can run on laptops. Designed for full agentic software development, Devstral understands large codebases, navigates across files, and resolves complex issues. It outperforms many larger closed-source models, including GPT-4.1-mini, on SWE benchmarks by over 20%. Released under the permissive Apache 2.0 license, Devstral allows free use, modification, and commercial deployment. The model supports integration with agentic frameworks like OpenDevin and runs efficiently on common hardware, offering privacy and flexibility for developers. Mistral plans larger models to follow.[49]
2025 May 26 Mistral AI launches an upgraded Agents feature within Le Chat, replacing the previous Agent Builder from Le Platforme. This new tool integrates tightly with the chat interface, allowing users to create and customize autonomous agents with greater ease and flexibility. It offers advanced controls like guardrails to avoid unwanted outputs and customizable tone settings. Agents can access various tools such as web search, image generation, code execution, and integrations with Gmail and Google Calendar. Modular Libraries enhance functionality, and organizational sharing is supported. Notably, it provides fast response times and will be available on the free tier, making it a powerful option for users.[50]
2025 May 26 Partnership Capgemini, SAP, and Mistral AI announce a strategic partnership to deliver secure, scalable generative AI solutions tailored for highly regulated industries such as financial services, public sector, aerospace and defense, and energy and utilities. This collaboration integrates Mistral AI’s advanced generative models into SAP’s Business Technology Platform (BTP), facilitated by Capgemini’s expertise in digital transformation. The initiative aims to provide business-ready AI applications that comply with stringent data security and compliance requirements, while also supporting sustainability goals through low-carbon solutions. By combining their strengths, the three companies seek to empower organizations in sensitive sectors to enhance operational efficiency and resilience through trusted AI deployments.[51][52][53][54]
2025 June 11 Mistral AI launches Mistral Compute, an integrated AI infrastructure platform aimed at offering enterprises and governments an alternative to U.S. and Chinese cloud providers. Built on NVIDIA GPUs, it supports diverse use cases—from defense to drug discovery—while emphasizing European values like data sovereignty and sustainability. Backed by partners like BNP Paribas and Thales, the platform enables users to fully own and customize their AI environments. It also includes Magistral, Mistral’s reasoning-focused language model, designed for multilingual, domain-specific problem-solving. This move marks Mistral’s expansion from AI model development into full-scale infrastructure provision.[55][56][57]

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References

  1. ↑ "French unicorn start-up Mistral AI embodies its artificial intelligence hopes". Le Monde. 12 December 2023. Retrieved 1 February 2025.
  2. ↑ "France's Mistral AI Raises $113 Million in Big EU Startup Debut". Bloomberg. 13 June 2023. Retrieved 1 February 2025.
  3. ↑ "French company Mistral AI raises 105 mln euros shortly after being set up". Reuters. 13 June 2023. Retrieved 1 February 2025.
  4. ↑ "Fantastique! French start-up Mistral AI raises a €105 million seed round in its first month of existence". Tech.eu. 14 June 2023. Retrieved 1 February 2025.
  5. ↑ "Mistral AI releases open-source language model with 7B parameters". SiliconANGLE. 27 September 2023. Retrieved 1 February 2025.
  6. ↑ "Mistral AI: Europe's AI startup releases Mistral 7B model". VentureBeat. 27 September 2023. Retrieved 1 February 2025.
  7. ↑ "Announcing Mistral 7B". Mistral AI. 27 September 2023. Retrieved 1 February 2025.
  8. ↑ "Mistral AI challenges OpenAI with new artificial intelligence model". Gizmodo. Retrieved 1 February 2025.
  9. ↑ "Mistral AI raises 385 million euros". The Hindu. Retrieved 7 February 2025.
  10. ↑ "Mistral AI, a Paris-based OpenAI rival, closed its $415 million funding round". TechCrunch. Retrieved 7 February 2025.
  11. ↑ "French AI startup Mistral AI raises 385 million euros". The Economic Times. Retrieved 7 February 2025.
  12. ↑ "Mistral AI raises 385 mln euros in second round in seven months". Reuters. Retrieved 7 February 2025.
  13. ↑ "Mistral AI introduces Mixtral 8x7B: A revolutionary AI model". Medium. Retrieved 1 February 2025.
  14. ↑ "Mistral AI introduces Mixtral 8x7B: A revolutionary AI model". UBIAI Tools. Retrieved 1 February 2025.
  15. ↑ "Mixtral of Experts". Mistral AI. Retrieved 1 February 2025.
  16. ↑ "Mistral AI nears $2 billion valuation with Nvidia and Salesforce support". Binance. 4 December 2023. Retrieved 1 February 2025.
  17. ↑ "French AI start-up Mistral AI is approaching a valuation of $2 billion". The Decoder. Retrieved 1 February 2025.
  18. ↑ "OpenAI rival Mistral nears $2 billion valuation with Nvidia funding". Bloomberg. 4 December 2023. Retrieved 1 February 2025.
  19. ↑ "Microsoft announces multi-year partnership with Mistral AI". Maginative. Retrieved 1 February 2025.
  20. ↑ "Microsoft partners with Mistral AI". LinkedIn. Retrieved 1 February 2025.
  21. ↑ "Microsoft and Mistral AI announce new partnership to accelerate AI innovation and introduce Mistral Large first on Azure". Microsoft Azure. Retrieved 1 February 2025.
  22. ↑ "OpenAI's GPT-4 is the most infringing AI model, new research shows". AIBusiness. Retrieved 1 February 2025.
  23. ↑ "Patronus AI launches industry-first solution to detect copyrighted content generated by LLMs". PR Newswire. Retrieved 1 February 2025.
  24. ↑ "RELEASE". Hugging Face. Retrieved 1 February 2025.
  25. ↑ "Mistral AI stuns with surprise launch of new Mixtral 8x22B model". Analytics India Mag. Retrieved 1 February 2025.
  26. ↑ "Mistral AI debuts Mixtral 8x22B, one of the most powerful open-source AI models yet". SiliconANGLE. Retrieved 1 February 2025.
  27. ↑ "Codestral is Mistral AI's First Model for Code Generation Tasks". DataPhoenix. Retrieved 7 February 2025.
  28. ↑ "Codestral: Mistral's First Code-Generation AI Model". DataCamp. Retrieved 7 February 2025.
  29. ↑ "Mistral Announces Codestral, Its First Programming-Focused AI Model". VentureBeat. Retrieved 7 February 2025.
  30. ↑ "Codestral". Mistral AI. Retrieved 7 February 2025.
  31. ↑ "Mistral AI Secures Major Funding". The New York Times. 10 December 2023. Retrieved 1 February 2025.
  32. ↑ "French Startup Mistral AI Backed by Microsoft Raises $645M". The AI Insider. 12 June 2024. Retrieved 1 February 2025.
  33. ↑ "Mistral AI Raises 600 Million Euros in Latest Funding Round". Reuters. 11 June 2024. Retrieved 1 February 2025.
  34. ↑ "Mistral AI Raises $645 Million at a $6 Billion Valuation". CNBC. 12 June 2024. Retrieved 1 February 2025.
  35. ↑ "Mistral releases Codestral Mamba for faster, longer code generation". VentureBeat. Retrieved 1 February 2025.
  36. ↑ "Mistral AI unveils Mathstral-7B and math fine-tuning base, achieving 56.6% on MATH and 63.47% on MMLU, restructuring mathematical discovery". MarkTechPost. 16 July 2024. Retrieved 1 February 2025.
  37. ↑ "Mathstral: Mistral AI's new model for mathematical reasoning". Mistral AI. Retrieved 1 February 2025.
  38. ↑ "Mistral AI unveils Mistral Large 2, a powerful new language model". Maginative. Retrieved 1 February 2025.
  39. ↑ "Mistral Large 2 is now available in Amazon Bedrock". AWS. Retrieved 1 February 2025.
  40. ↑ "Mistral Large 2: Official announcement". Mistral AI. Retrieved 1 February 2025.
  41. ↑ "Mistral AI announces Mistral Chat". Mistral AI. Retrieved 1 February 2025.
  42. ↑ "Mistral unleashes Pixtral Large and upgrades Le Chat into full-on ChatGPT competitor". VentureBeat. 18 November 2024. Retrieved 1 February 2025.
  43. ↑ "Mistral unveils new AI models and chat features". TechCrunch. 18 November 2024. Retrieved 1 February 2025.
  44. ↑ "Mistral AI releases Pixtral Large, a 124B open-weights multimodal model built on top of Mistral Large 2". MarkTechPost. 18 November 2024. Retrieved 1 February 2025.
  45. ↑ "Mistral AI Takes on ChatGPT with Lightning-Fast Le Chat". IOplus. Retrieved 7 February 2025.
  46. ↑ "Stellantis and Mistral AI Strengthen Strategic Partnership to Enhance Customer Experience, Vehicle Development, and Manufacturing". Stellantis Media. Retrieved 7 February 2025.
  47. ↑ "Mistral AI unveils small, powerful, and open-source AI model". Techzine. March 22, 2025. Retrieved March 22, 2025.
  48. ↑ "Mistral AI launches Mistral Small 3.1, a new benchmark for open-source AI". Actu IA. Actu IA. Retrieved 1 May 2025.
  49. ↑ Franzen, Carl (2025-05-21). "Mistral AI launches Devstral, powerful new open source SWE agent model that runs on laptops". VentureBeat. Retrieved 27 May 2025.
  50. ↑ "Mistral AI rolls out faster, more powerful Agents inside Le Chat". TestingCatalog.com. 26 May 2025. Retrieved 27 May 2025.
  51. ↑ "Capgemini, SAP, Mistral AI Team Up on Artificial Intelligence". The Wall Street Journal. 22 May 2025. Retrieved 27 May 2025.
  52. ↑ "Capgemini, Mistral AI and SAP combine forces to offer secure, scalable Gen AI-powered solutions for regulated industries". Capgemini. 22 May 2025. Retrieved 27 May 2025.
  53. ↑ "Capgemini, Mistral AI and SAP announce AI partnership for regulated industries". Verdict. 22 May 2025. Retrieved 27 May 2025.
  54. ↑ "Capgemini and SAP partner with Mistral to deploy AI for sensitive sectors". The Hindu. 22 May 2025. Retrieved 27 May 2025.
  55. ↑ Das, Ankush (11 June 2025). "Mistral AI Launches Mistral Compute To Replace Cloud Providers from US, China". Analytics India Magazine. Retrieved 14 June 2025. {{cite web}}: Check date values in: |access-date= and |date= (help); no-break space character in |access-date= at position 3 (help); no-break space character in |date= at position 3 (help); no-break space character in |title= at position 8 (help)
  56. ↑ Nuñez, Michael F. (11 June 2025). "Microsoft‑backed Mistral launches European AI cloud to compete with AWS and Azure". VentureBeat. Retrieved 14 June 2025. {{cite web}}: Check date values in: |access-date= and |date= (help); no-break space character in |access-date= at position 3 (help); no-break space character in |date= at position 3 (help)
  57. ↑ "Mistral Compute". Mistral AI. 11 June 2025. Retrieved 14 June 2025. {{cite web}}: Check date values in: |access-date= and |date= (help); no-break space character in |access-date= at position 3 (help); no-break space character in |date= at position 3 (help); no-break space character in |title= at position 8 (help); no-break space character in |website= at position 8 (help)
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