open-weight models

.Mistral AI unveiled a new suite of models, including a large‑scale, open‑weight multilingual multimodal model (Mistral 3) aimed at agentic tasks and positioned against GPT‑4‑Turbo and Gemini‑1.5, and a lightweight edge model (Ministral 3) that runs on a single GPU for robotics, drones and on‑device translation. Backed by a €1.7 billion funding round—led by ASML, Nvidia, Microsoft and Andreessen Horowitz—the French startup, now valued at €11.7 billion, has secured enterprise deals with HSBC and other sectors, pursuing a dual strategy of high‑performance research and efficient edge AI.