22 January 2025

Mistral CEO: We have proven that Europe is capable of building successful AI technology

The head of one of Europe's most popular AI startups said he expects AI technology to overtake big language models this year.

Arthur Mensch, CEO of French AI company Mistral, told CNBC that he sees the product focus in AI moving broadly away from models in 2025 and more toward “systems” that integrate models and contextual business data.

“I think the focus has to shift to systems,” Mensch told CNBC's Arjun Kharpal in an interview on Tuesday. “Models are part of systems, but systems are connected to data, connected to tools, able to do things for you, and able to act in an efficient way.”

Founded just two years ago, Mistral has quickly become one of the most well-known AI companies in Europe. Achieving a valuation of $6 billion With the support of the American technology giant Microsoft last year. The startup is a competitor to OpenAI, and is behind the development of several large open source language models.

Last year saw a lot There is a lot of buzz in the technology industry about so-called “AI agents”. This refers to the idea of ​​AI assistants that can take actions autonomously with limited human supervision. Unlike AI chatbots like ChatGPT, models are meant to operate largely in the background.

Mensch believes that future artificial intelligence systems will benefit from large linguistic models built into them. By linking models with relevant contextual data, they will become better at providing customized solutions to different business needs, he said.

“This is where it changes,” Mensch said. “It also means that the industry that adopts it will distill its expertise into those systems – and this is where it will be essential to really drive the value of AI into those industries.”

Artificial intelligence is Annual World Economic Forum talk In Davos, Switzerland this year. This event is known to bring together the world's most influential leaders in business and politics.

On Davos Promenade – the focal point of the annual event – ​​major companies, from Salesforce to Workday, have taken over cafés, shops and restaurants, building temporary meeting and event spaces with a big display of the word “AI”.

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