Mistral AI

Mistral AI develops open-source foundational models. These are an alternative to closed, proprietary AI models like those developed by OpenAI, Google, and Anthropic. The company also focuses on developing more efficient and cost-effective models, targeting the “performance-cost frontier.” For example, in October 2023 a third-party source estimated that the Mistral 7B model was about 187x cheaper than GPT-4 and 9x cheaper than GPT-3.5. As of December 2023, the Mistral 7B model had been downloaded 2.1 million times. As of January 2024, the Mixtral 8x7B model had been downloaded 337K times. As of April 2024, Mistral AI counted as its customers companies such as Brave, BNP Paribas, Orange, and Cloudflare.