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Mistral AI CEO denies IPO plans, touts renewed focus on open source to best deeper-pocketed competitors

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Arthur Mensch, founder of Mistral AI, at Station F during the AI Action Summit in Paris, France, on Tuesday, Feb. 11, 2025. France's president Emmanuel Macron said foreign and domestic companies will invest a total of 109 billion in artificial intelligence projects in France, marking a push to position the country as a competitive hub for AI development. Photographer: Nathan Laine/Bloomberg via Getty Images

Arthur Mensch, founder of Mistral AI, at Station F during the AI Action Summit in Paris, France, on Tuesday, Feb. 11, 2025. France’s president Emmanuel Macron said foreign and domestic companies will invest a total of 109 billion in artificial intelligence projects in France, marking a push to position the country as a competitive hub for AI development. Photographer: Nathan Laine/Bloomberg via Getty Images

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