Romain Dillet

Mistral’s Le Chat tops 1M downloads in just 14 days | TechCrunch

A couple of weeks after the initial release of Mistral’s AI assistant, Le Chat, the company told Le Parisien that it has reached one million downloads. In particular, Le Chat quickly reached the top spot for free downloads on the iOS App Store in the company’s home country, France. “Go and download Le Chat, which is made by Mistral, rather than ChatGPT by OpenAI — or something else,” French president Emmanuel Macron said in a

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Start-ups

Mistral releases regional model focused on Arabic language and culture | TechCrunch

The next frontier for large language models (LLMs), one of the key technologies underpinning the boom in generative AI tools, might be geographical. On Monday, Paris-based AI startup Mistral — which is vying to rival the likes of U.S.-based Anthropic and OpenAI — is releasing a model that’s a bit different from its usual LLM. Named Mistral Saba, the new custom-trained model is designed to address a specific geography: Arabic speaking countries. The goal for

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Mistral gets down to business | TechCrunch

Hundreds of heads of states, tech CEOs, and nonprofits have flocked to Paris for the Artificial Intelligence Action Summit. So far, the winner of this week’s diplomatic and business parade seems to be Mistral. In business lingo, we would say that the French AI unicorn is experiencing tailwinds. Mistral has been one of the leading artificial intelligence companies in Europe. Originally, it released some impressive open-weight models, and on the back of a lot of

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Riot raises $30 million for its cybersecurity product suite focused on employees | TechCrunch

French startup Riot has raised a $30 million Series B round after reaching $10 million in annual revenue in 2024. Originally focused on educating employees about cybersecurity risks, the company now wants to go one step further and nudge employees so that they minimize their attack surface. Left Lane Capital is leading Monday’s round with existing investors Y Combinator, Base10, and FundersClub participating once again. From what TechCrunch has learned, Riot has reached a post-money

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Health insurance startup Alan keeps growing at a rapid pace | TechCrunch

With its 700,000 customers, Alan could be considered as a mature company. But the health insurance company that wants to become a digital companion for your health is still growing like a startup. On Wednesday, the company shared some financial metrics. The most impressive one is its top-line revenue. In 2024, the company generated €505 million in revenue (around $525 at today’s exchange rate). But comparing Alan to a normal tech startup can be difficult

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Start-ups

C12, a French quantum computing startup founded by twin brothers, raises $19.4 million | TechCrunch

C12 is announcing that it recently raised an €18 million funding round ($19.4 million at today’s exchange rate). Originally founded in 2020 as a spin-off from the Physics Laboratory of the École Normale Supérieure, the company has been working on a unique process to create quantum computers based on carbon nanotubes. While the concept of quantum computing isn’t new, it is still very much a work in progress. Many scientific teams have been approaching this

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Société Générale to sell its freelancer challenger bank Shine to Ageras | TechCrunch

Four years after acquiring Shine, a French fintech startup that offers bank accounts to freelancers and very small companies, Société Générale has announced plans to sell Shine to Ageras. In 2020, TechCrunch reported that Société Générale spent around €100 million to acquire Shine. It wasn’t a huge acquisition but it attracted quite a bit of coverage at the time as it was more than just a tech or talent deal. Société Générale isn’t a name

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Start-ups

Kelvin wants to help save the planet by applying AI to home energy audits | TechCrunch

When you’re looking for a startup idea that could slow climate change, you might become an expert at home energy assessments. At least, that’s what happened to the founders of Kelvin, a French startup that is using computer vision and machine learning to make it easier to audit homes for energy efficiency. Clémentine Lalande, Pierre Joly and Guillaume Sempé started looking at home energy efficiency audits because renovations are going to have a massive impact

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Raspberry Pi partners with Hailo for its AI extension kit | TechCrunch

The latest version of the Raspberry Pi, the small-but-mighty computer that has become quite popular with tech hobbyists and industrial companies, can now also be an AI computer. The company on Tuesday released the AI Kit, which is a $70 extension kit with a neural network inference accelerator that can be used for local inferencing, for the Raspberry Pi 5. For this new extension module, Raspberry Pi is taking advantage of its HAT+ extension card.

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Germany’s financial regulator ends anti-money laundering cap on N26 signups after $10M fine | TechCrunch

After the Wirecard scandal, Germany’s financial regulator BaFin started to look more closely at young fintech startups that wanted to grow at a rapid pace — it’s better to be safe than sorry. In particular, N26, a Berlin-based banking startup that raised hundreds of millions of euros and quickly became a unicorn, has had a complicated relationship with BaFin for the past few years. The regulator imposed a cap on new signups as a sanction

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