Mistral presents a new artificial intelligence model that, according to the company, surpasses Chinese models in cybersecurity

The chief executive of the French artificial intelligence company Mistral, Arthur Mensch, announced on Tuesday at the “Ai Everything” conference in Abu Dhabi a new model from the company, as Reuters reports. The model is expected to be officially unveiled later in the day.

According to the company, the new model “is above Chinese models in several aspects, including cybersecurity,” Mensch said on stage, adding that the narrative that Europe cannot compete “is not true”. He did not specify which Chinese models he had in mind or by what criteria the comparison was made, according to Reuters’ reporting.

Mistral, a three-year-old French company, is seen as Europe’s strongest contender in the global AI race, but it remains much smaller than Anthropic and OpenAI and under pressure from lower-cost Chinese rivals. The company’s most recent model had been released in April. In September, Mistral raised 3 billion euros at a valuation of 21 billion euros, positioning itself as the safest European alternative.

Mensch said independence from the United States and China is enabling the company to grow rapidly in the Persian Gulf and Asia-Pacific, where according to him “there is a great desire and need for alternative technology suppliers”.