Mistral AI, seen as Europe’s great hope for AI, is losing ground to US rivals and being overshadowed by DeepSeek; sources say its ARR is in the tens of millions (Financial Times)

Financial Times:
Mistral AI, seen as Europe’s great hope for AI, is losing ground to US rivals and being overshadowed by DeepSeek; sources say its ARR is in the tens of millions  —  Mistral AI was hailed as a potential global leader in the technology.  But it has lost ground to US rivals — and now China’s emerging star