HSBC signs multi-year deal with Mistral AI to deploy generative AI across the bank

HSBC has entered a multi‑year strategic partnership with French startup Mistral AI to integrate Mistral’s commercial generative‑AI models, hosted on HSBC’s own infrastructure, into workflows such as financial analysis, multilingual translation, risk assessment and personalised client communication. The collaboration is aimed at automating document‑heavy tasks, boosting employee productivity and accelerating innovation cycles while operating under HSBC’s existing responsible‑AI governance framework.