Mistral releases a new open source model for speech generation
The model, which lets enterprises build voice agents for sales and customer engagement, puts Mistral in direct competition with the likes of ElevenLabs, Deepgram, and OpenAI.
The model, which lets enterprises build voice agents for sales and customer engagement, puts Mistral in direct competition with the likes of ElevenLabs, Deepgram, and OpenAI.
Mistral aims to start operating the data center by the second quarter of 2026.
The funding round would value the company at around €20 billion (about $23.15 billion), nearly double its Series C valuation of €11.7 billion.
Mistral AI, which offers some open source AI models, has raised significant funding since its creation in 2023, with the ambition to “put frontier AI in the hands of everyone.”