MA
Mistral AIMistral AI develops open-weight and enterprise large language models and AI infrastructure, positioning itself as Europe's leading sovereign alternative to OpenAI.
3 Pulse stories
M
ModularModular builds AI infrastructure software — the Mojo programming language and MAX AI compute platform — designed to unify and speed up AI model deployment across hardware and break Nvidia's CUDA lock-in.
4 Pulse stories
Total Raised
$5.5B
$380M
Mistral AIModular
Last Valuation
$13.7B
$1.6B (last independent round; later acquired by Qualcomm for ~$3.9B)
Mistral AIModular
AI infra
Sector
AI infra
2023
Founded
2022
Paris, France
HQ
Palo Alto, California
Private
Status
Private
Mistral AI investors
ASMLGeneral CatalystLightspeed Venture PartnersAndreessen HorowitzDST GlobalBpifranceIndex VenturesNvidia
Modular investors
GV (Google Ventures)General CatalystGreylock PartnersDFJ GrowthUS Innovative Technology (Thomas Tull)
Data from Value Add Pulse coverage and company research — see the full threads for Mistral AI and Modular.