Mistral AI Rolls Out Services for Finance to Protect Data

Mistral AI is offering a set of artificial-intelligence services for the finance sector that will allow firms to keep their data in-house, the latest pitch from major tech firms seeking to attract more banks and hedge funds as clients.

The French technology startup has a suite that allows companies to deploy tailored AI within their systems, rather than giving up control to a third-party vendor, according to a statement. Marjorie Janiewicz, Mistral AI’s chief revenue officer, announced the offering Tuesday at the Bloomberg Invest conference in New York.