French AI firm Mistral announces deals with BMW, Airbus

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  • French AI firm Mistral announces deals with BMW, Airbus

FRENCH AI firm Mistral announced Thursday partnerships with BMW and the aerospace group Airbus as it aims to boost growth by fostering links with defence and industry giants. 

The Paris-based company said it would be involved with car-crash tests and plane design. 

“The most important use cases for AI are located in research and development and the creation of physical objects,” chief executive Arthur Mensch told hundreds of guests at the company’s first AI conference in Paris. Mistral is already closely tied with ASML, the Dutch firm producing chipmaking equipment indispensable for the high-end semiconductors, which invested in the French company last year. 

“It’s an interesting new market where Europe is strong... Europe has significant high-end manufacturing companies,” Mensch had told reporters ahead of Thursday’s event. 

The company this month bought an Austrian start-up, Emmi AI, that specializes in digital simulations for industry, after earlier snapping up the French cloud computing start-up Koyeb. — AFP

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