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Top related persons:
Arthur Mensch - 2 Guillaume Lample - 2 Xavier Niel - 2 Andreessen Horowitz - 1 Catalyst - 1 Timothée Lacroix - 1 Jeff Bezos - 1 Schmidt - 1
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Paris PARIS Silicon DeepMind France Europe New York , California London
Top related orgs:
Mistral - 2 Meta - 2 Lightspeed Venture Partners - 2 DeepMind - 1 Bezos Expeditions - 1 Amazon - 1 Catalyst - 1 Ventures - 1

Search resuls for: "Timothee Lacroix"


2 mentions found


☆ The wildest deal in tech right now is about to turn 6-month-old LLM startup Mistral into a $2 billion unicorn, sources say
  + stars: | 2023-11-01 | by ( Callum Burroughs | Riddhi Kanetkar | Tasmin Lockwood | ) www.businessinsider.com   time to read: +3 min
Mistral, a tiny AI startup that aims to be Europe's answer to OpenAI, is in discussions to raise a major round of funding that could push its valuation above $2 billion. Its cofounders are in talks with venture capital firm Andreessen Horowitz to raise further funds, seven sources familiar with proceedings told Insider. Mistral is set to raise around $400 million at a valuation of at least $2 billion, which could rise to as high as $2.5 billion, three sources said. The deal is not yet finalized and the round size, valuation figures, and participants could still change. Andreessen Horowitz, General Catalyst, Mistral, Abstract Ventures, and Bezos Expeditions did not respond to Insider's request for comment.
Persons: Andreessen Horowitz, Catalyst, Arthur Mensch, Guillaume Lample, Timothée Lacroix, Jeff Bezos, Xavier Niel Organizations: Mistral, Meta, DeepMind, Bezos Expeditions, Amazon, Catalyst, Ventures, Lightspeed Venture Partners Locations: Paris
☆ France's Mistral AI raises 105 mln euros shortly after being set up
  + stars: | 2023-06-13 | by ( Sudip Kar-Gupta | ) www.reuters.com   time to read: +2 min
The fund-raising highlights the rapid growth of the artificial intelligence (AI) sector as well as Europe's desire to create rivals to Silicon Valley companies such as Microsoft-backed (MSFT.O) OpenAI and Google's (GOOGL.O) DeepMind. Paris-based Mistral AI was set up by former Meta (META.O) and Google artificial intelligence researchers Timothee Lacroix, Guillaume Lample and Arthur Mensch. Mistral AI's fund-raising was led by international venture capital fund Lightspeed Venture Partners. Former Google CEO Eric Schmidt is also a shareholder in Mistral AI. "Bravo to the start-up Mistral AI which has raised 105 million euros just a month after its creation: a record!"
Persons: Schmidt, Xavier Niel, Rodolphe Saade, Timothee Lacroix, Guillaume Lample, Arthur Mensch, Mensch, Mistral, Eric Schmidt, Jean, Noel Barrot, Bravo, Sudip Kar, David Evans, Leslie Adler Organizations: Lightspeed Venture Partners, Microsoft, Meta, JCDecaux, Italy's Exor Ventures, Mistral, Paris, Twitter, Thomson Locations: PARIS, Silicon, DeepMind, Paris, France, Europe, New York , California, London
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