BNP Paribas, Mistral AI ink partnership deal

BNP Paribas has entered into a comprehensive partnership agreement with Mistral AI covering all of its current and future commercial models, the French bank said on Tuesday.

The deal, which expands a relationship that started in September, will see BNP Paribas implement Mistral AI’s large language models across multiple business areas, such as customer support, sales and IT, it said.

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“Generative AI has significant potential to enhance our client offering across sales, trading, research and more, and I am excited to continue our work with Mistral AI towards that goal,” Olivier Osty, Head of BNP Paribas Global Markets, said in a statement.