As if you needed any more proof that the AI race is out of control.⁠ ⁠ Co-founded by Google and Meta alums, Paris-based AI startup "Mistral AI" is barely a month old and just raised $113 million in a round of seed funding.⁠ ⁠ The especially young startup has big ambitions, wanting to compete with the likes of OpenAI by building and training text-based generative AI.⁠ ⁠ Now valued at $260 million, it plans to release its first models next year.⁠ ⁠ #ai #openai #chatgpt #artificialintelligence #businessnews #technews #startups