
On August 26, Apple executives reportedly discussed acquiring either Mistral or Perplexity AI, Europe's largest AI startup, with Eddy Cue being the company's most vocal supporter. This move could bolster Apple's AI capabilities and innovation.
If Apple were to acquire Mistral, it would far surpass its previous $3 billion acquisition of Beats in 2014, becoming its largest acquisition ever. However, The Information also stated that Apple is not interested in such large acquisitions.
Last month, Bloomberg also reported that Apple would seriously consider acquiring the French AI startup Mistral. Mistral AI is a European AI startup that has raised a total of €1.1 billion across seven rounds of funding. It is currently Europe's most valuable AI startup, valued at €5.8 billion.