Challenging OpenAI, Microsoft-Backed Mistral Launches New AI Reasoning Model

French AI startup Mistral, backed by Microsoft, launched its first reasoning model, Magistral, at London Tech Week 2025. Excelling in math and coding, it uniquely reasons in European languages, rivaling OpenAI’s o1 and DeepSeek’s R1. CEO Arthur Mensch says it’s a step toward multilingual AI, with plans to expand language support.

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OpenAI Reaches $10 Billion in Annual Revenue with ChatGPT Surge

OpenAI Reaches $10 Billion in Annual Revenue with ChatGPT Surge OpenAI has achieved $10 billion in annual recurring revenue, nearly doubling last year’s $5.5 billion, driven by ChatGPT’s consumer and business products plus its API. Despite a $5 billion loss, the company eyes $125 billion by 2029. Boasting 500 million weekly active users, OpenAI’s $40 billion funding round underscores its immense potential for expansion.

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