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Fifteen months on from the announcement of the strategic alliance between
Capgemini and French start-up Mistral AI, the two companies have expanded their partnership to include SAP. The tripartite collaboration will target industries with strict data requirements such as financial services, public sector, aerospace & defence, and energy & utilities.
The joint offerings bring together Mistral’s highly customisable, multi-lingual AI models and the SAP Business Technology Platform with Capgemini’s library of 50+ pre-built custom business AI use cases. Together, the partners believe that their combined capabilities will help organisations requiring secure environments for regulatory or privacy purposes accelerate the deployment of tailor-made generative AI solutions.
Established in April 2023 and today valued at c.$6bn, Paris-HQ’d Mistral AI was founded by researchers previously employed by Meta and Google DeepMind. The company specialises in open-weight large language models which means that means anyone can download, inspect, use, or fine-tune the model without hitting any licensing walls or proprietary restrictions.
In other unrelated Capgemini developments, the widely reported, albeit unconfirmed, takeover talks with BPS specialist WNS (see here) are now believed to have stalled. Concerns over “global market valuations” are said to have brought a halt to discussions, although these may resume if conditions change. This news was first reported by Bloomberg.
Posted by: Duncan Aitchison at 08:41
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