Sep 2023
Mistral 7B — Efficient European Open-Weight Model
French startup Mistral AI released Mistral 7B, a 7-billion-parameter model released with no license restrictions that outperformed LLaMA 2 13B across most benchmarks, demonstrating that efficient architecture choices could substantially narrow the gap with larger models. The model was distributed as a torrent and via direct download with no access controls. Mistral's team, drawn largely from DeepMind and Meta, subsequently raised $415 million at a roughly $2 billion valuation.