French startup Mistral AI has officially closed its much anticipated Series A funding round. The company has raised €385 million, or $ 415 million at today’s exchange rate — according to Bloomberg, it values the company at roughly $ 2 billion. Mistral AI is also opening up its commercial platform today. As a reminder, Mistral […]
OpenAI taps former Twitter India head to kickstart in the country
OpenAI is working with former Twitter India head Rishi Jaitly as a senior advisor to facilitate talks with the government about AI policy, TechCrunch has exclusively learned. OpenAI is also looking to set up a local team in India. People familiar with the matter told TechCrunch that Jaitly has been helping OpenAI navigate the Indian policy […]
UK’s CMA is looking at whether Microsoft and OpenAI tie-up is a ‘relevant merger’
The whirlwind management drama at OpenAI last month ended with co-founder Sam Altman reinstated within a week of his surprise dismissal and a much bigger role for Microsoft, which ended up with a seat on the board for the first time since investing billions into the startup earlier this year. That new, cosier relationship is […]