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Mistral AI
VS
Z.ai

AI infra comparison — funding, valuation, and investors, sourced from Value Add Pulse coverage.

MA
Mistral AI

Mistral 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
Z
Z.ai

Z.ai (formerly Zhipu AI) is a Beijing-based AI lab developing the GLM family of large language models and agentic developer tools like ZCode.

3 Pulse stories
Total Raised
$5.5B
Mistral AIZ.ai
Last Valuation
$13.7B
Mistral AIZ.ai
AI infra
Sector
AI infra
2023
Founded
2019
Paris, France
HQ
Beijing, China
Private
Status
Public (2513.HK)
Mistral AI investors
ASMLGeneral CatalystLightspeed Venture PartnersAndreessen HorowitzDST GlobalBpifranceIndex VenturesNvidia
Z.ai investors
AlibabaTencentAnt GroupMeituanXiaomiHillhouseQiming Venture PartnersProsperity7 Ventures

Data from Value Add Pulse coverage and company research — see the full threads for Mistral AI and Z.ai.

@Trace_Cohen·t@nyvp.com