
The French-based artificial intelligence startup Mistral announced a partnership with Nvidia (NASDAQ:NVDA) to create Mistral Compute, a “frontier AI infrastructure for everyone.”
Mistral Compute is a new product offering that will provide customers with their own private and integrated stack, which includes GPUs, orchestration, APIs, products and services.
“As a premier NVIDIA partner, Mistral Compute will offer the latest NVIDIA reference architectures, with availability of tens of thousands of GPUs, and rapid expansion in the coming years,” the company said on Wednesday.
Mistral Compute is targeted for businesses, nations and research institutions located in Europe, the Middle East, Asia and the entire Southern Hemisphere. It creates an alternative to the handful of U.S. and China-based cloud and AI providers, which currently dominate the market.
“What used to be a choice between a few third-party cloud providers is now the right to build your AI environment to your spec, and own it top to bottom,” Mistral said. “The offering will include Mistral AI’s training suite that can accelerate region and domain-specific AI efforts across nation and industry-wide endeavors such as defense technology, pharmaceutical discovery, financial markets, and more.”
The top three global cloud providers by market share include Amazon Web Services (AMZN) with 29%, Microsoft Azure (NASDAQ:MSFT) at 22% and Google Cloud (GOOG)(GOOGL) at 12%, according to CloudZero. Rounding out the top 10, with single-digit percentages, are Alibaba (BABA), IBM Cloud (IBM), DigitalOcean Cloud (DOCN), Salesforce (CRM), Tencent Cloud (OTCPK:TCEHY), Oracle (ORCL) and Huawei Cloud.
Last month, Nvidia and Mistral, along with MGX, a United Arab Emirates investment fund, and Bpifrance, a French public investment bank, announced a joint venture to establish the largest AI campus on the European continent. Also in May, Capgemini announced a collaboration with SAP (SAP) to deploy custom AI models by Microsoft-backed Mistral for regulated organizations.
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