February 27, 2024

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Latest February 27, 2024

Microsoft’s Deal with French AI Startup Mistral AI Draws EU Scrutiny

Key Points: Microsoft's deal with Mistral AI involves making Mistral's AI models available on the Azure cloud platform. Microsoft invested €15 million in Mistral, with plans for equity conversion in the next funding round. EU regulators are scrutinizing the deal amid concerns about competition and regulatory compliance. During EU's AI Act negotiations, Mistral's lobbying efforts...