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Snowflake forms partnership with Mistral AI to offer advanced AI models to users

Snowflake and Mistral AI announced a multi-year collaboration to integrate Mistral AI’s language models into Snowflake’s offerings. This partnership is also backed by financial investment from Snowflake Ventures into Mistral AI’s Series A funding round.

Through this partnership, Snowflake customers will gain access to several of Mistral AI’s models, including Mistral Large, Mixtral 8x7B, and Mistral 7B. These models are now available in Snowflake Cortex, a managed service by Snowflake for handling language models and vector search, aimed at enhancing analytics and AI application development within the enterprise data framework.

Snowflake Cortex LLM Functions is currently available in public preview.

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Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.