The artificial intelligence hype shows no sign of fading just yet, and investors are practically falling over themselves to fund the next big thing in AI. Yesterday, Paris-based startup Mistral AI announced it had secured 105mn in what is reportedly Europes largest-ever seed round. Mistral AI was founded only four weeks ago, by a trio of AI researchers. Arthur Mensch, the companys CEO, was formerly employed by Googles DeepMind. His co-founders, Timothée Lacroix (CTO) and Guillaume Lample (Chief Science Officer), previously worked for Meta. The company has yet to develop its first product. However, on a mission to make AI…

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