Mistral comes out swinging for enterprise AI customers with new Le Chat Enterprise, Medium 3 model
1 min read
Summary
French AI start-up Mistral has raised $640m in funding to develop its new AI model, Medium 3, which has been designed specifically for enterprise use.
Medium 3 offers 90% of the benchmark performance of Claude 3.7 Sonnet, at a fraction of the cost.
It also outperforms competitors such as Llama 4 Maverick in 82% of coding scenarios and exceeds Command-A in nearly 70% of cases, according to third-party human evaluation.
Mistral’s new AI assistant, Le Chat Enterprise, is a ChatGPT-like platform and is available on the web and via mobile apps, offering enterprise search across private data sources, document libraries, custom connectors and agent builders for no-code task automation, and custom model integrations.
It supports seamless integration into existing tools and workflows, and enables companies to build AI agents tailored to their operations, while maintaining full sovereignty over deployment and data.
Mistral’s Medium 3 is now accessible via Mistral’s La Plateforme API and Amazon Sagemaker, with support from other providers coming soon.