Mistral AI Releases Mistral Large 2: European Alternative to US AI Giants

Paris-based Mistral AI released Mistral Large 2 (123B parameters), achieving performance competitive with GPT-4o and Claude 3.5 Sonnet on benchmarks while offering European data residency, GDPR compliance by design, and a self-hostable license. The model demonstrates particularly strong multilingual capabilities (13 languages), competitive coding performance (HumanEval: 92%), and a 128K context window. Enterprise adoption is growing among EU companies seeking data sovereignty, with Mistral signing enterprise agreements with BNP Paribas, Airbus, and numerous EU government agencies.