Mistral launches a moderation API

AI startup Mistral has launched a new API for content moderation. The API, which is the same API that powers moderation in Mistral’s Le Chat chatbot platform, can be tailored to specific applications and safety standards, Mistral says. It’s powered by a fine-tuned model (Ministral 8B) trained to classify text in a range of languages, […]

Yelp just spent $80M on a site for car repair estimates

Yelp, which made a name for itself giving restaurant recs, just bought an auto services website. In the company’s earnings report on Thursday, Yelp revealed that it agreed to buy RepairPal, a site for car repair estimates, for $80 million in cash. The acquisition is expected to close by the end of the year, subject […]

Rivian takes major revenue hit as supplier problem persists

Rivian reported Thursday revenue of $874 million in the third quarter — more than 12% lower than analysts’ estimates — as the EV startup struggled to resolve a component shortage that disrupted production of its recently overhauled flagship R1S and R1T vehicles.  Last month, Rivian lowered its annual production guidance to 47,000 to 49,000 vehicles […]