NYTIMES (Adam Satariano) - French A.I. Start-Up Mistral Raises $3.5 Billion as Part of Strategy Shift
Mistral is trying to keep pace with American and Chinese rivals while offering customers a European alternative for artificial intelligence.
Mistral is trying to keep pace with American and Chinese rivals while offering customers a European alternative for artificial intelligence.
U.S. officials are defending their work with Venezuelan businessman Alejandro Betancourt in the unprecedented White House move to effectively gain control over huge oilfields in the country. Why it matters: Betancourt is the colorful and controversial figure who heads North American Blue Energy Partners (NABEP), the oil company partnering with the administration in the agreement that gives the U.S. preferential access to output from 17 major fields. - The Pentagon's Office of Strategic Capital is taking a 35% equity stake in the company. - The U.S. also has the rights to buy 20% of the oil at cost after the company pays its taxes to Venezuela. Driving the news: At a briefing with reporters Tuesday, a U.S. official talked up Betancourt…
By David DeMay The price of American speed won't be cheap.
The company is continuing to back A.I. systems that can be freely used by others amid a continuing debate over the use of Chinese-made technology.
Chinese A.I. models are gaining ground. But the companies behind them do not have a clear strategy to make money from that success.
China is targeting a moon landing by 2029, just months after NASA's own planned moon base mission.
China’s Moonshot AI unveiled a freely available artificial intelligence model that seemed to narrow the gap with cutting-edge offerings from U.S. tech companies.
U.S. companies complain that competitors in China are unfairly copying their A.I. systems using a technique that has been around for years.
Washington is starting to follow a similar playbook to Beijing when it comes to artificial intelligence policy.
Silicon Valley engineers recently flocked to new technology from a Chinese company, Z.ai, that is almost as good as its American competitors but much cheaper.