Mistral establishes a hub in Munich to develop industrial AI - AI Brief
Article excerpt
Mistral is establishing a new hub in Munich for its research work and its industrial scaling. The group aims for collaborations with SAP, Siemens Energy, and BMW, extends an announced partnership with BMW, and launches a research program with TUM. This step follows a 3 billion euro fundraising round led by Samsung, with ASML and Nvidia, and the announcement of Pimento's acquisition to strengthen Vibe. The opening of the Munich office comes a few weeks after a 3 billion euro fundraising round led by Samsung. ASML and Nvidia also participated in this round. Following this, Mistral announced the acquisition of the startup Pimento to improve Vibe, its conversational agent formerly known as Le Chat. The source does not specify a direct link between the funds raised and the launch of the Munich site. The partnership between Mistral and BMW was announced in May at the AI Now Summit event in Paris. This cooperation is part of BMW's Large Industry Model (LIM) initiative, which aims to integrate artificial intelligence into its industrial processes. Mistral is tasked with assisting BMW in developing multimodal reasoning models based on engineering data for complex applications, such as accident simulation. Furthermore, Mistral has concluded a research agreement with the Technical University of Munich (TUM), which includes the use of TUM's wind tunnels to generate digital twins for...
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Mistral has opened a hub in Munich, dedicated to artificial intelligence research and industrial deployment.
