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AI startup by ex-Meta and Google researchers raises $113M in seed funding

Former AI researchers — previously working for Google (NASDAQ:GOOGL) DeepMind and Meta — co-founded Mistral AI in May 2023 to develop open-source generative AI models. Arthur Mensch, the co-founder and CEO of the company, said that the first round of funding “will give us the resources and network we need to start rolling out a new model of generative artificial intelligence.”

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Source: Cryptocurrency - investing.com

Federal Reserve’s June Meeting: What to Watch

Fed decision day, Nvidia closes with $1 trillion valuation – what’s moving markets