This round of financing involves the Californian fund Andreessen Horowitz, BNP Paribas and the software publisher Salesforce.

[11][12][13] On 16 April 2024, reporting revealed that Mistral was in talks to raise €500 million, a deal that would more than double its current valuation to at least €5 billion.

[15] Led by venture capital firm General Catalyst,[16] this round resulted in additional contributions from existing investors.

Under the agreement, Mistral's language models will be available on Microsoft's Azure cloud, while the multilingual conversational assistant Le Chat will be launched in the style of ChatGPT.

It added the ability to create images, in partnership with Black Forest Labs, utilizing the Flux Pro model.

Mistral AI also introduced a Pro subscription tier, priced at $14.99 per month, which provides access to more advanced models, unlimited messaging, and web browsing.

[45][46] As of its release date, Codestral 22B surpasses Meta's Llama3 70B and DeepSeek Coder 33B (78.2% - 91.6%), another code-focused model on the HumanEval FIM benchmark.