# Mistral AI reaches USD 30 million in ARR

On 2024/11/29, Sifted reported that Mistral AI, a French open-source large model company, disclosed annual recurring revenue of USD 30 million. As a prominent European counterpart to OpenAI, it expanded rapidly in enterprise large model services.



Canonical: https://uniquebase.ai/news/38e2d6b7-42cd-490b-a069-ba59426625a8
Stable identifier: 38e2d6b7-42cd-490b-a069-ba59426625a8
Snapshot captured: 2026-10-20T18:19:32.670Z
English updated: 2026-10-20T18:30:09.063Z

## Connected profiles

- [Mistral AI](/companies/mistral-ai)

## Sources

- https://sifted.eu/articles/mistral-ai-llm-market