Today: 7 February 2026
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Iwona Majkowska

Mistral AI’s Meteoric Rise: Inside the $14B Open-Source Gambit Challenging OpenAI

Mistral AI’s Meteoric Rise: Inside the $14B Open-Source Gambit Challenging OpenAI

The Making of an Open-Source AI Juggernaut Founded in Paris in spring 2023, Mistral AI burst onto the scene with bold ambition: to challenge the likes of OpenAI and Google by doing things differently. Its three co-founders – Arthur Mensch (CEO, ex-DeepMind), Timothée Lacroix (CTO, ex-Meta AI) and Guillaume Lample (Chief Science Officer, ex-Meta) – left Big Tech research jobs to build foundation models on their own terms techcrunch.com techcrunch.com. The company’s very name (a “mistral” is a strong wind in Southern France) hints at its mission to blow fresh air into AI development techcrunch.com. Mensch and team saw that “proprietary [AI] was becoming
14 September 2025
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Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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