Sunday, December 10, 2023

Paris-based Mistral AI has raised €385M, or about $415M, with investors including a16z and Lightspeed; sources: the deal values Mistral at about $2B (Cade Metz/New York Times)

Cade Metz / New York Times:
Paris-based Mistral AI has raised €385M, or about $415M, with investors including a16z and Lightspeed; sources: the deal values Mistral at about $2B  —  The company has publicly released its latest technology so people can build their own chatbots.  Rivals like OpenAI and Google argue that approach can be dangerous.



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...