PARIS, July 17 (Reuters) - French start-up Mistral
announced new features to its AI chatbot Le Chat on Thursday as
it tries to carve out a place for itself in a global AI race
dominated by the United States and China.
Often presented as France's and Europe's AI champion,
Mistral competes with American giants such as OpenAI and
Alphabet's Google, but lags behind in terms of market share or
revenues.
"We're making Le Chat even more capable, more intuitive -
and more fun - with a collection of powerful new features to
help you research more thoroughly, express yourself more
naturally, and keep your interactions - text, voice, and images
- organized in context", said Mistral in a blog post.
While Europe's AI champion Mistral's chatbot has been
lagging in some advanced features offered by bigger American
rivals such as OpenAI and Google, the latest update brings it
closer to the options available in the market.
Among the new features accessible to anyone using Le Chat,
users can talk to Mistral's AI generative model instead of
typing through its "Voxtral" model.
It can also be used as a research assistant gathering
"credible sources" with a "Deep Research" mode. AI models have
all been struggling to sort fake news from authentic
information.
Valued at $6.2 billion by venture capitalists and feted by
French President Emmanuel Macron, Mistral gained global exposure
at an international AI gathering in Paris in February.
Mistral - which formed partnerships with several top French
companies such as TotalEnergies, CMA CGM or Orange - is intent
on developing its corporate clientele and implementing its
models on-premises.
(Reporting by Florence Loeve
Editing by Ros Russell)