Latest news with #Mensch
The Hindu
08-05-2025
- Business
- The Hindu
French startup Mistral launches chatbot for companies, triples revenue in 100 days
Mistral AI on Wednesday launched its Le Chat chatbot for corporate use, and its CEO said the French startup has tripled its revenue in the last 100 days, with demand coming particularly from outside the United States. Paris-based Mistral AI, founded two years ago, launched the open source version of its Le Chat assistant in February. The enterprise version now connects with content management systems such as Microsoft's SharePoint and Google Drive. "In the last 100 days we have tripled our business, in particular in Europe and outside of the U.S.," CEO Arthur Mensch told journalists. "We've been... growing in the U.S. quite fast as well," Mensch said. Mistral, which is valued at $6 billion, does not publicly disclose its revenue, but was reported by one trade publication to have revenue of $30 million last year. Last month, U.S. President Donald Trump completed 100 days in office in his second term, which has been marked by a strained relationship with Europe due to his trade policies and controversial diplomatic actions. Mistral is operating its own compute capabilities and reducing its dependency on cloud providers, allowing the company to offer customers a service that does not depend on the U.S. companies, Mensch said. A company can also deploy Le Chat on its own cloud infrastructure without needing Mistral to manage its data.
Time of India
08-05-2025
- Business
- Time of India
French startup Mistral launches chatbot for companies, triples revenue in 100 days
Mistral AI on Wednesday launched its Le Chat chatbot for corporate use, and its CEO said the French startup has tripled its revenue in the last 100 days, with demand coming particularly from outside the United States. Tired of too many ads? go ad free now Paris-based Mistral AI, founded two years ago, launched the open source version of its Le Chat assistant in February. The enterprise version now connects with content management systems such as Microsoft's SharePoint and Google Drive. "In the last 100 days we have tripled our business, in particular in Europe and outside of the U.S.," CEO Arthur Mensch told journalists. "We've been... growing in the U.S. quite fast as well," Mensch said. Mistral, which is valued at $6 billion, does not publicly disclose its revenue, but was reported, opens new tab by one trade publication to have revenue of $30 million last year. Last month, U.S. President Donald Trump completed 100 days in office in his second term, which has been marked by a strained relationship with Europe due to his trade policies and controversial diplomatic actions. Mistral is operating its own compute capabilities and reducing its dependency on cloud providers, allowing the company to offer customers a service that does not depend on the U.S. companies, Mensch said. A company can also deploy Le Chat on its own cloud infrastructure without needing Mistral to manage its data.
The Star
07-05-2025
- Business
- The Star
French startup Mistral launches chatbot for companies, triples revenue in 100 days
FILE PHOTO: Words reading "Artificial intelligence AI", miniature of robot and toy hand are pictured in this illustration taken December 14, 2023. REUTERS/Dado Ruvic/Illustration/File Photo STOCKHOLM (Reuters) -Mistral AI on Wednesday launched its Le Chat chatbot for corporate use, and its CEO said the French startup has tripled its revenue in the last 100 days, with demand coming particularly from outside the United States. Paris-based Mistral AI, founded two years ago, launched the open source version of its Le Chat assistant in February. The enterprise version now connects with content management systems such as Microsoft's SharePoint and Google Drive. "In the last 100 days we have tripled our business, in particular in Europe and outside of the U.S.," CEO Arthur Mensch told journalists. "We've been... growing in the U.S. quite fast as well," Mensch said. Mistral, which is valued at $6 billion, does not publicly disclose its revenue, but was reported by one trade publication to have revenue of $30 million last year. Last month, U.S. President Donald Trump completed 100 days in office in his second term, which has been marked by a strained relationship with Europe due to his trade policies and controversial diplomatic actions. Mistral is operating its own compute capabilities and reducing its dependency on cloud providers, allowing the company to offer customers a service that does not depend on the U.S. companies, Mensch said. A company can also deploy Le Chat on its own cloud infrastructure without needing Mistral to manage its data. (Reporting by Supantha Mukherjee in Stockholm; Editing by Jan Harvey)
Yahoo
07-05-2025
- Business
- Yahoo
French startup Mistral launches chatbot for companies, triples revenue in 100 days
By Supantha Mukherjee STOCKHOLM (Reuters) -Mistral AI on Wednesday launched its Le Chat chatbot for corporate use, and its CEO said the French startup has tripled its revenue in the last 100 days, with demand coming particularly from outside the United States. Paris-based Mistral AI, founded two years ago, launched the open source version of its Le Chat assistant in February. The enterprise version now connects with content management systems such as Microsoft's SharePoint and Google Drive. "In the last 100 days we have tripled our business, in particular in Europe and outside of the U.S.," CEO Arthur Mensch told journalists. "We've been... growing in the U.S. quite fast as well," Mensch said. Mistral, which is valued at $6 billion, does not publicly disclose its revenue, but was reported by one trade publication to have revenue of $30 million last year. Last month, U.S. President Donald Trump completed 100 days in office in his second term, which has been marked by a strained relationship with Europe due to his trade policies and controversial diplomatic actions. Mistral is operating its own compute capabilities and reducing its dependency on cloud providers, allowing the company to offer customers a service that does not depend on the U.S. companies, Mensch said. A company can also deploy Le Chat on its own cloud infrastructure without needing Mistral to manage its data. (Reporting by Supantha Mukherjee in Stockholm; Editing by Jan Harvey)
Yahoo
18-03-2025
- Health
- Yahoo
Riverboats & a link to President Lincoln: Yankton's history
YANKTON, S.D. (KELO) — From being a hub for riverboat travel to its time as the first capital of the Dakota Territory, Yankton, South Dakota has an intriguing story to tell. When you think of Yankton, the Missouri River might be the first thing that comes to mind, but there is much more to Yankton's past to unpack. On the north side of Yankton, you'll find the Mead Museum, a building that plays a key role in Yankton's history. Governor Rhoden begins his 'Open for Opportunity Tour' 'The Mead building was built in 1909, and it was the women's ward of the mental health hospital,' Mead Museum executive director and executive curator Crystal Mensch said. Its namesake is Dr. Leonard Mead. The building was part of what was once a sprawling campus of 54 buildings. 'He had really this new age idea about mental health treatment, and he really wanted to surround patients with a college-like campus rather than an institution. That was really his overall goal. He just really wanted to make sure that the patients felt comfortable and didn't feel institutionalized,' Mensch said. The hospital stopped operations in the 1980s. In 2018, the Yankton County Historical Society opened it as a museum. The organization has over 45,000 artifacts in its possession, telling a story that begins with the Native American tribe the town is named after. 'Yankton is an English version of the Dakota name Ihanktonowan, which is Yankton, basically, in the Dakota language. That's who had their camp here the majority of actually eastern South Dakota prior to Dakota Territory,' Mensch said. The tribe also played a role in the Lewis and Clark expedition when it came through the area in 1804. 'Some of the earliest documentation of the Ihanktonowan people comes from Lewis and Clark and their encounter here, what would become Yankton. They were actually on the Nebraska side on the bluffs is where they officially met,' Mensch said. The expedition also had help from a man named Pierre Dorian. There's a memorial for him in town that you can check out. 'He had met Lewis and Clark as they were approaching what would be really South Dakota or closer to Yankton, so Pierre Dorian had help with translation during the communications between the Ihanktonowan people and Lewis and Clark,' Mensch said. Decades later, Yankton started attracting entrepreneurs. Many of them started arriving to the area around 1859. 'Yankton was initially settled because it was a good location on the Missouri River for riverboats to come up and for goods to be delivered,' Mensch said. One of those earlier entrepreneurs was a man by the name of John Blair Smith Todd. 'If you recognize the last name, there'd be good reason for it because he is first cousins to Mary Todd Lincoln, President Lincoln's wife,' Mensch said. Yankton was also the first capital of the Dakota Territory, which was something that intrigued Todd. He had his sights set on being the territory's first governor, but Lincoln had other plans. 'He said, 'No, I'm not going to put you in charge of a new territory that is so vast because I don't agree with your politics,'' Mensch said. Being the Dakota Territory's first capital created an opportunity for Yankton to be the site of some major historical events. Not far from the Mead Museum, you'll find a historical marker. It tells anyone who stops by and reads it that Yankton was the site of the historic trial of Jack McCall in 1877. McCall was the man accused of killing Wild Bill Hickock in Deadwood. 'There's a lot of information in history related to that and how this trial might have been double jeopardy, but it really wasn't. There's so much more to that story, but he was tried, found guilty and hung here in Yankton,' Mensch said. These historical events don't even begin to scratch the surface of Yankton's rich history, but that's all part of what makes Yankton what it is today. 'I think anyone who lives in or visits Yankton can inherently feel the foundation of our history. Just by going down the streets, seeing elements like the Meridian Bridge. We've kind of built this sweet little part of the world based on a really strong history, and I think that because we have that foundation of unique and vibrant history, we move forward,' Mead Museum marketing coordinator Julie Mooney said. And the museum will continue to learn more about what makes Yankton one-of-a-kind. 'Yankton has definitely proved that as we unearth more and more pieces that have been hidden in the 45,000 plus artifacts at the museum, there's always an opportunity to learn more and to grow our understanding,' Mensch said. Another major historical event in Yankton was the flood of 1881. Ironically, some of the boats that were displaced by the flood landed on top of railroad tracks, which was the industry that led to the decline of riverboats. Crews blast old Pierre-Ft. Pierre bridge Monday Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
