About Mistral AI
Founded 2023 · Paris, France
Mistral AI was founded in April 2023 in Paris by Arthur Mensch (CEO, former DeepMind), Guillaume Lample and Timothée Lacroix (both former Meta FAIR co-authors of the LLaMA papers). Mistral has built a frontier-scale European LLM lab with a portfolio mixing fully open-weight releases (Mistral 7B, Mixtral 8x7B, Mixtral 8x22B, Mistral Small) and commercial closed-API models (Mistral Large, Mistral Embed, Mistral Saba). The company has raised over €1B from investors including Andreessen Horowitz, General Catalyst, Lightspeed, Salesforce, Nvidia and Microsoft, with a 2024 valuation around €6B. Codestral was released May 2024 as Mistral's first dedicated code model — a 22B dense transformer trained on 80+ programming languages with native fill-in-the-middle support for IDE integrations. A successor, Codestral 25.01, followed in January 2025.
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