French AI company announces new, private model
The company's new model, named "Le Chonk," is its first release in five months. Mistral says it outruns some of its Chinese competitors in several areas.
French AI startup Mistral unveiled its new, private AI model, Le Chonk, on Tuesday, positioning it as a strong competitor to popular models from Anthropic and OpenAI. Le Chonk, also known as Mistral Large 4, will be released to the public on October 27, with restricted access for cybersecurity experts and government officials to evaluate its performance.
Mistral recently secured €3 billion in funding, making it Europe's largest technology fundraising effort to date. The new model enables users to download and customize the weights that govern its computations on their own servers. This open-weight model allows users to run the software on their own hardware, a feature not commonly found in top US models.
Mistral, Europe's leading AI company, claims that Le Chonk outperforms many rival open-weight models. In a recent event in Abu Dhabi, Mistral CEO Arthur Mensch suggested that Le Chonk even surpasses certain Chinese models in specific areas, including cybersecurity. He emphasized that the notion that Europe cannot compete with China is false, highlighting Mistral's commitment to providing a safer alternative to US AI companies amid growing concerns about AI's potential risks.
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