Mistral sees AI as utility, emphasis more on efficiency: Founder Arthur Mensch
AI is becoming an “infrastructure” play and should therefore be treated as a utility, with the focus on efficiency and cost effectiveness, said Arthur Mensch, founder of European AI giant Mistral AI, in an interview with Surabhi Agarwal.
The Paris-headquartered firm raised over $2 billion in Series C funding in September 2025, led by chip equipment maker ASML, taking its valuation to $14 billion and making it the most valuable European AI company. Mensch, 33, said the company is looking to partner with sovereign cloud providers in India. Edited excerpts:
