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French Startup Minstral AI Gains Traction In US, Targets OpenAI’s Market

By Shivani Kumaresan
May 28, 2:34 PM
Mistral AI, a Paris-based startup founded in 2023, is expanding into the U.S. market. The company, led by ex-Google DeepMind and Meta AI researchers, has raised over $500 million and aims to rival OpenAI and Google. Marjorie Janiewicz, Mistral's U.S. general manager, notes growing interest in their AI models, especially from businesses seeking alternatives to big AI stacks.

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Sam Altman’s OpenAI Responds To Security Concerns With New Governance Team

By Shivani Kumaresan
May 28, 2:27 PM
OpenAI, backed by Microsoft (NASDAQ ), has formed a new board committee to evaluate the safety and security of its AI models. Following the resignation of a key executive and disbanding of his team, the committee will spend 90 days assessing safeguards before presenting a report. OpenAI plans to publicly share updates after the full board's review and has started training its latest AI model.

MSFT