July 15 (Bloomberg) -- According to Bloomberg yesterday.appleSerious consideration will be given to acquiring French AI startup Mistral.
Mistral AI is a European AI startup that has raised a total of 1.1 billion euros (note: that's about 9.214 billion yuan at current exchange rates) in seven rounds of funding. Bloomberg reports the company is in talks with investors to raise up to $1 billion (RMB 7.174 billion at current exchange rates).
Over the years, Mistral has introduced a range of large and small language models, and its OCR (Optical Character Recognition) feature has been a notable success. In addition, its chatbot "Le Chat" is known for its fast response to user queries. CurrentlyIt is the most highly valued AI startup in Europe, with a valuation of 5.8 billion euros (about 48.584 billion yuan at current exchange rates)..
Apple's latest move continues previous revelations that its executives had internal discussions about acquiring U.S.-based AI startup Perplexity. However, Perplexity's leadership downplayed those discussions, saying they were "not interested in any current or futuremerger and acquisition (M and A)None of the negotiations are known."
If Apple does manage to acquire Mistral, it will far surpass Apple's record $3 billion acquisition of Beats in 2014, theThe largest acquisition in its history..