Europe's most valuable artificial intelligence startup, Mistral, is actively expanding its operations in the United States to compete for AI talent with rivals in Silicon Valley. The Paris-based company is establishing a new office in Palo Alto, California, and is seeking to hire engineers, scientists, and sales teams to drive its growth in the U.S. market. According to insiders, one of Mistral's co-founders, Guillaume Lample, is also involved.

Vienna-based AI governance and compliance solutions provider Daiki GmbH today announced the completion of a €1.5 million seed funding round. The funds will be used to support the company's expansion into the European market and product development, marking a significant step for Daiki in promoting the responsible deployment of AI by European enterprises. Daiki offers SaaS compliance solutions tailored to the EU AI Act and ISO standards, including ISO 13485 certification for medical device manufacturers. The product, developed by a multidisciplinary team of experts, includes integrated documentation and quality management.

In the rapid advancement of artificial intelligence, an international research team is paving the way for the development of AI language models in Europe. They have launched a project called MOSEL (Massive Open-source compliant Speech data for European Languages), creating a comprehensive open-source voice dataset for the 24 official languages of the European Union. This initiative aims to promote the development of open AI language models in Europe, challenging the current dominance of English.

Meta announced to Axios on Wednesday that due to the unclear regulations in the EU, the company will not release its new multimodal AI models or future versions to customers in EU countries. This decision has sparked a broad discussion on the AI regulatory environment in the EU and reflects the strategic adjustments of American tech giants in the face of global regulatory requirements.Meta's multimodal AI models have the ability to process video, audio, images, and text and were originally plann

Mistral AI, established just six months ago, completed two funding rounds of $113 million and $415 million, skyrocketing its valuation from $260 million to $2 billion. Mistral AI released its open-source model Mixtral 8x7B, which performs closely to GPT-4. Mistral AI is regarded as 'France's OpenAI' and has received strong support from President Macron. Mistral AI aims to compete directly with OpenAI through open-source and differentiated positioning.

The European AI Act has become a global focal point, facing a crucial moment at the final turn. The focus on regulating general AI services has sparked intense debates between tech companies and European lawmakers. France, Germany, and Italy advocate for self-regulation, leading to a global regulatory race. The European Commission's initial draft of the act does not address general AI systems, leading to controversy.

France, Germany, and Italy have reached a consensus on AI regulation. The three countries support mandatory self-regulation through a code of conduct. The joint document emphasizes that regulation should focus on applications rather than the technology itself. The agreement is expected to accelerate negotiations on AI regulation at the European level.