Apple is contemplating the acquisition of Mistral AI, Europe's leading artificial intelligence startup, with the aim of bolstering its position in the generative AI landscape. Mistral AI is celebrated for its highly efficient AI models, remarkable optical character recognition (OCR) capabilities, and its dynamic chatbot "Le Chat," which currently holds an estimated value of around $620 million. Should this deal materialize, it would overshadow Apple's $3 billion acquisition of Beats in 2014, marking the tech giant's largest merger and acquisition (M&A) in its history. Nonetheless, the proposed transaction might encounter regulatory hurdles posed by the European Union.