French AI startup Mistral has increased its revenue twentyfold within a year, benefiting from growing demand among European companies and governments for alternatives to American technology providers. Co-founder and CEO Arthur Mensch put the company’s annualized revenue run rate at over 400 million dollars, compared to just 20 million dollars in the previous year. The Paris-based company, which was valued at nearly 12 billion euros last year, aims to achieve recurring annual revenue of more