Latest news with #ArthurMensch
TECHx
2 days ago
- Business
- TECHx
NTT DATA and Mistral AI Partner on Enterprise AI Solutions
Home » Tech Value Chain » System Integrators » NTT DATA and Mistral AI Partner on Enterprise AI Solutions NTT DATA, digital business and technology services, and Mistral AI, a rising innovator in generative AI (GenAI) models, have announced a strategic partnership. The collaboration aims to deploy secure, private, enterprise-grade AI solutions to support clients' strategic autonomy. The companies will integrate NTT DATA's broad GenAI and IT services with Mistral AI's high-performance models. These solutions are designed to deliver efficiency, privacy, and performance across industries. The initial focus will include: • Co-developing sustainable and secure private AI for regulated sectors such as financial services, insurance, defense, and the public sector. • Integrating Mistral AI technologies into NTT DATA's customer experience platforms, starting with agentic AI call centers in Europe and Asia Pacific. NTT DATA and Mistral AI also revealed plans for regional go-to-market strategies in countries such as France, Luxembourg, Spain, Singapore, and Australia. Services will include use-case development, implementation, and support. To accelerate delivery, NTT DATA will launch a Mistral AI Center of Excellence, staffed by experts. Mistral AI will also introduce a technical enablement and certification program for NTT DATA teams. Abhijit Dubey, CEO and Chief AI Officer at NTT DATA, said the partnership supports the company's mission to drive client success and innovation through responsible AI. He emphasized the combined strengths of Mistral's models and NTT DATA's Smart AI Agent™ Ecosystem. Arthur Mensch, CEO of Mistral AI, added that the collaboration will bring next-generation AI solutions into real-world business use, with a strong emphasis on data privacy. In an early joint project, Dennemeyer selected NTT DATA and Mistral AI to develop an AI-powered application for patent searches and analysis. Another initiative will see NTT DATA Luxembourg and Mistral AI co-develop a sovereign AI platform for financial and insurance clients in Luxembourg. Olivier Posty, Head of France and Luxembourg at NTT DATA, said the project will accelerate AI adoption across regulated markets and provide infrastructure for critical financial applications.
Channel Post MEA
3 days ago
- Business
- Channel Post MEA
NTT Data And Mistral To Develop Enterprise-Grade AI Solutions
NTT DATA and Mistral AI have announced plans to jointly sell and deploy safe and private enterprise-grade AI solutions that are able to foster strategic autonomy for clients. The companies will combine NTT DATA's comprehensive GenAI and IT services portfolio, global delivery capabilities, industry expertise and trusted client relationships with Mistral AI's solutions and advanced generative AI models, which are recognized for their efficiency, performance and enterprise empowerment. Initial focus areas include: Sustainable and Secure AI Co-Development: The companies will develop sustainable and highly secure private AI solutions for organizations in regulated sectors such as financial services, insurance, defense and public sector. The companies will provide end-to-end solutions from infrastructure to business processes powered by AI applications for clients operating on private clouds. AI-Driven Innovation for IT Infrastructure & Customer Experience: The companies will pioneer the integration of Mistral AI technologies into NTT DATA's customer experience platforms, beginning with agentic AI call center solutions in Europe and Asia Pacific. Joint projects could include co-development of LLMs for specific languages, which will further AI innovation tailored to local markets and specialized needs. Go-To-Market Expansion: NTT DATA and Mistral AI will jointly develop and execute regional go-to-market strategies tailored to the unique dynamics of countries including France, Luxembourg, Spain, Singapore and Australia. End-to-end AI services will range from use-case development and customization to implementation, support and managed services. Dedicated sales teams will be assigned to address key client needs and priorities. To drive innovation and implementation excellence, NTT DATA will establish a Mistral AI Center of Excellence staffed with subject matter experts and dedicated resources. In addition, Mistral AI will launch a technical enablement and certification program for NTT DATA personnel. 'Collaborating with Mistral AI to bring trustworthy, impactful AI to marketaligns with NTT DATA's mission to accelerate client success and positively impact society through responsible innovation,' said Abhijit Dubey, CEO and Chief AI Officer, NTT DATA, Inc. 'By joining forces with Mistral AI, we will harness the power of high-performing AI models combined with NTT DATA's comprehensive AI capabilities, including our Smart AI Agent Ecosystem. In doing so, we can assure secure, scalable and sustainable deployments for enterprises across the globe.' 'By collaborating with a global leader in digital transformation like NTT DATA, we will bring our next-generation AI solutions into real-world business applications, with a strong focus on organizations that need the highest standards of data privacy in their AI journey,' said Arthur Mensch, CEO, Mistral AI. In one of the first joint projects, Dennemeyer, a leading full-service global provider for intellectual property (IP) management, has chosen Mistral AI and NTT DATA to develop an AI-driven application for advanced patent searches and analyses, bringing the technical layers to securely run AI workloads.'Dennemeyer continues to be a driving force in the digital transformation of the IP industry; a key aspect of this is strong partnerships with organizations like Mistral AI and NTT DATA, who bring a deep technical understanding of AI and its integration into business processes,' said Brochmann Laurent, Global Chief Digital Officer, Dennemeyer. In another early effort, NTT DATA Luxembourg and Mistral AI will co-develop a sovereign platform in Luxembourg for clients in the regulated financial services and insurance industries. 'This collaboration offers a landmark opportunity to accelerate the adoption of AI across the financial and insurance markets in Luxembourg and beyond,' said Olivier Posty, Head of France and Luxembourg, NTT DATA. 'Together, we're creating a full-stack platform that is ready to host critical financial applications.'
CNBC
3 days ago
- Business
- CNBC
Mistral AI, NTT Data ink partnership
Mistral co-founder and CEO Arthur Mensch and NTT Data CEO Abhijit Dubey join 'Squawk Box' to discuss details of the new partnership, impact on enterprise customers, and more.
Yahoo
09-07-2025
- Business
- Yahoo
Mistral AI seeks $1bn equity funding with potential MGX backing
Mistral AI, one of the major players in the European AI sector, is reportedly engaged in negotiations to raise up to $1bn in equity funding. Potential investors include Abu Dhabi's sovereign technology investor, MGX. According to a report by Bloomberg, these discussions are in preliminary stages and have not yet defined a valuation for Mistral should the financing materialise. The Paris-based AI startup is also seeking substantial debt financing from French banks, including Bpifrance, which is an existing stakeholder. Founded in France in 2023, Mistral focuses on developing open-source large language models (LLMs) and is currently claimed to be Europe's largest AI startup. It has amassed over €1bn ($1.17bn) in investment to date, achieving a €5.8bn ($6.79bn) valuation after last year's fundraising round. In its latest Series B round concluded in June 2024, Mistral raked in €600m ($643m) in funding. Mistral was co-founded by Arthur Mensch, Guillaume Lample, and Timothée Lacroix. The company categorises its LLMs into general purpose, specialist, and research models. These models often use an open-weight structure under an Apache 2.0 license and are accessible across common machine learning platforms, though top-tier models sometimes carry commercial restrictions. Mistral adopts distinct naming conventions for its models, such as 'Mistral 7B' which highlight parameter counts or terms like 'Mistral Large.' Some updates lead to changes in model names, as demonstrated when 'Mistral Large' transitioned to 'Mistral Large 2'. The company's Le Chat platform functions as a beta version chatbot, which was released in February. Le Chat competes with OpenAI's ChatGPT and other generative AI platforms by leveraging intelligent conversation interfaces. It incorporates various models including the advanced multimodal Pixtral 12B. In May 2025, Mistral formed a joint venture with MGX and Nvidia with an aim to create what is projected to be Europe's most extensive AI data centre near Paris. In June 2025, Mistral and oil and gas major TotalEnergies formed a partnership to establish an innovation lab designed to explore digital energy production solutions that transition towards low-carbon technologies. "Mistral AI seeks $1bn equity funding with potential MGX backing" was originally created and published by Verdict, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
09-07-2025
- Business
- Yahoo
Mistral AI seeks $1bn equity funding with potential MGX backing
Mistral AI, one of the major players in the European AI sector, is reportedly engaged in negotiations to raise up to $1bn in equity funding. Potential investors include Abu Dhabi's sovereign technology investor, MGX. According to a report by Bloomberg, these discussions are in preliminary stages and have not yet defined a valuation for Mistral should the financing materialise. The Paris-based AI startup is also seeking substantial debt financing from French banks, including Bpifrance, which is an existing stakeholder. Founded in France in 2023, Mistral focuses on developing open-source large language models (LLMs) and is currently claimed to be Europe's largest AI startup. It has amassed over €1bn ($1.17bn) in investment to date, achieving a €5.8bn ($6.79bn) valuation after last year's fundraising round. In its latest Series B round concluded in June 2024, Mistral raked in €600m ($643m) in funding. Mistral was co-founded by Arthur Mensch, Guillaume Lample, and Timothée Lacroix. The company categorises its LLMs into general purpose, specialist, and research models. These models often use an open-weight structure under an Apache 2.0 license and are accessible across common machine learning platforms, though top-tier models sometimes carry commercial restrictions. Mistral adopts distinct naming conventions for its models, such as 'Mistral 7B' which highlight parameter counts or terms like 'Mistral Large.' Some updates lead to changes in model names, as demonstrated when 'Mistral Large' transitioned to 'Mistral Large 2'. The company's Le Chat platform functions as a beta version chatbot, which was released in February. Le Chat competes with OpenAI's ChatGPT and other generative AI platforms by leveraging intelligent conversation interfaces. It incorporates various models including the advanced multimodal Pixtral 12B. In May 2025, Mistral formed a joint venture with MGX and Nvidia with an aim to create what is projected to be Europe's most extensive AI data centre near Paris. In June 2025, Mistral and oil and gas major TotalEnergies formed a partnership to establish an innovation lab designed to explore digital energy production solutions that transition towards low-carbon technologies. "Mistral AI seeks $1bn equity funding with potential MGX backing" was originally created and published by Verdict, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
