Mistral AI, the fast-growing French artificial intelligence startup, has launched an enterprise version of its chatbot “Le Chat”, with integrations for platforms like Microsoft SharePoint and Google Drive, the company announced on Wednesday. The release marks a strategic move to deepen its foothold in the corporate AI tools market, especially in Europe and non-U.S. markets.
CEO Arthur Mensch told journalists that Mistral has tripled its revenue in the last 100 days, though specific financials were not disclosed. Industry reports estimate the company earned around $30 million in revenue in 2023.
“In the last 100 days, we have tripled our business, in particular in Europe and outside of the U.S.,” said Mensch, while noting continued growth in the U.S. market as well.
Key Features of Le Chat for Enterprise:
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Integration with enterprise systems such as SharePoint and Google Drive
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On-premises or private cloud deployment, giving customers data control and sovereignty
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Operates independently of major U.S. cloud providers, aligning with European calls for tech autonomy
Mistral, now valued at $6 billion, has positioned itself as a key European alternative to U.S. AI firms like OpenAI and Anthropic. The move to operate its own compute infrastructure is part of a broader strategy to reduce reliance on American tech companies—a timely shift as U.S.-Europe relations remain tense, particularly amid President Donald Trump’s renewed trade pressures.
The enterprise-grade version of Le Chat builds on its open-source release in February, and reflects rising interest from companies seeking secure, localized AI assistants that can integrate into internal systems without sacrificing privacy.