On October 20, Crédit Agricole brought Mistral into building its AI platform, which covers an agent for retail bank customers, agentic processes and cybersecurity. Unlike Mistral's deals with BNP Paribas and HSBC, this one highlights cybersecurity, though the announcement gives no amount, duration or model, and the bank's architecture stays open to other suppliers.
IBM's chief questions why anyone should pay top price for AI when nearly as capable models can run on their own machines. For IBM, the rise of open-weight models could reshape the market for businesses and consumers alike.
Startups such as Legora, Pigment, Nabla and Abridge are growing at unprecedented speed, drawing both customers and investors. FrenchWeb attributes this to new uses, large funding and many corporate clients' fear of missing the AI revolution.
Amsterdam-based AI cloud company Nebius has signed a $3.5 billion secured loan facility with Citi to build more data centres and buy GPUs. The 364-day facility carries interest at the Term SOFR rate plus a margin of 2.75% that can rise to 3.50%.
Adobe and the BWT Alpine Formula One Team have signed a global partnership that makes Adobe the team's official AI fan experience partner. Starting with the 2027 season, Adobe will supply software to create fan content and analyze engagement; no financial terms were disclosed.
French insurer Maif is speeding up the modernization of its information systems along a path it wants to keep sovereign for AI, cloud and customer relations. Mistral AI, Scaleway and Diabolocom are joining its application portfolio.