Monday, Microsoft Corp (NASDAQ:MSFT) and French artificial intelligence start-up Mistral AI solidified a multi-year partnership, marking a significant stride in the evolution of the AI industry.
This strategic collaboration provides Mistral AI access to Microsoft’s Azure AI infrastructure, propelling the rapid development and deployment of their next-generation large language models (LLMs), the company said in a blog post.
The partnership not only opens doors to new commercial opportunities for Mistral AI but also facilitates global market expansion and encourages ongoing research collaboration.
Microsoft made a EUR 15 million investment in Mistral AI which would convert into equity in Mistral's next funding round.
Also Read: Apple’s ChatGPT Rival? iPhone Maker Starts Testing AI-Powered ‘Ask’ For Customer Service.
Microsoft and Mistral AI will explore collaboration around training purpose-specific models for select customers, including European public sector workloads.
The Financial Times reports that the partnership will include Microsoft taking a minor stake in the 10-month-old start-up.
The tech giant is under regulatory scrutiny in Europe and the U.S. for its more than $10 billion investment in OpenAI.
Citing a spokesperson, Reuters noted that Mistral has also been working with Amazon.com Inc (NASDAQ:AMZN) and Alphabet Inc’s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google to distribute its models.
It plans to make Mistral Large available on other cloud platforms in the next few months.
Last week, Microsoft started rolling out new Generative AI-powered photo editing features to hundreds of millions of Windows 10 users, with support for Windows 11 expected to follow soon.
Microsoft has updated the Windows Photos app with a “Generative erase” feature that leverages AI to eliminate distractions from images.
Recently, OpenAI’s ChatGPT experienced a period of “unexpected responses.” The result was a seemingly unending series of posts on social media with confused users asking if this is where AI chatbots stop making sense.
One user asked ChatGPT for a recipe for a certain dish, but the chatbot went on what reads like a long rant.
Read Next: Gemini AI Takes A Timeout: Google Halts Image Generation After Historical Figure Controversy.
Price Action: MSFT shares are down 0.25% at $409.33 on the last check Monday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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