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Mistral AI develops large language models, enterprise AI tools, and infrastructure.
Mistral AI develops open-weight and hosted language models, APIs, an enterprise assistant, document processing tools, and cloud and self-hosted deployment options. Its Mistral Compute platform provides AI infrastructure for regulated and high-security workloads. Founded in 2023 and based in Paris, France, the company was co-founded by Arthur Mensch, Timothée Lacroix, and Guillaume Lample. In September 2026, it raised EUR 3 billion in Series D funding co-led by Samsung Electronics, EQT and PSG Equity, with participation from Andreessen Horowitz, ASML, Belfius, BNP Paribas CIB, Bpifrance, Carmignac Gestion, DST Global, Eurazeo, General Catalyst Partners, Headline, Hillspire, Index Ventures, Korelya Capital, Lightspeed, nVenture, LocalGlobe, Salesforce Ventures, BlackRock, and Fonds souverain intergénérationnel du Luxembourg. The funding will support research, compute and infrastructure expansion, and commercial growth.
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