French artificial intelligence company Mistral AI announced on Thursday that it has teamed up with Accenture (ACN) to boost enterprise adoption of AI in Europe and around the world.
As part of the deal, Mistral AI, which is backed by Microsoft (MSFT), will work with Accenture to co-develop and deliver enterprise AI solutions across sectors, the companies said in a statement. “This joint approach will help enterprises capture value quickly and securely, supported by Accenture’s global network of AI specialists and its deep understanding of industry processes, regulatory environments and transformation needs,” the companies added.
Financial terms of the deal were not disclosed.
“We are proud to partner with Accenture, whose international reach and industry depth make them an ideal partner to continue driving AI transformations for enterprises at scale,” Arthur Mensch, CEO and co-founder of Mistral AI, said. “Together, we will help organizations deploy AI that meets their needs for performance, control, and customization. This collaboration marks an important milestone for industries around the world to realize the ROI of AI.”
Mistral AI said earlier this month that it will acquire cloud computing service provider Koyeb for an undisclosed amount.
