Mistral Ai
Key facts
| Type | Private |
| Industry | Artificial intelligence |
| Founded | 28 April 2023 |
| Founders | Arthur Mensch, Guillaume Lample, Timothée Lacroix |
| Key people | Arthur Mensch (CEO), Guillaume Lample, (Chief Scientist), Timothée Lacroix (CTO) |
| Products | Mistral Large 3, Mistral Medium 3.5, Mistral Small 4, Ministral 3 (14/8/3B), Codestral-2508, Mistral OCR 3, Magistral 1.2, Devstral 2, Voxtral |
| Number of employees | 1,000+ (2026) |
| Website | mistral.ai |
Wikipedia EN
Mistral AI SAS is a French artificial intelligence company headquartered in Paris. Founded in 2023, it develops large language models, many of which are open-source AI, under licenses such as Apache. As of 2025, the company has a valuation of more than US$14 billion, the highest among European AI companies. As of August 2026, its largest public model is Mistral Large 3, released in December 2025, a mixture of experts model with 675 billion parameters, of which 41 are active. Mistral released Le Chat, its chatbot, in February 2024, renamed to Mistral Vibe in 2026. Mistral is a primary beneficiary of a push by the European Union and its member governments towards digital sovereignty in response to the AI boom and AI arms race between the US and China. In September 2025, ASML, Europe's largest tech company and supplier of the semiconductor industry, invested €1.3 billion in Mistral, corresponding to an 11% shareholding.
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