French AI company Mistral raises €3B as sovereign AI becomes big business....
Sep 9
1 min read
(Techcrunch.com, Aug. 7) French AI lab Mistral AI on Tuesday said it has raised €3 billion (about $3.58 billion) at a post-money valuation of more than €21 billion (about $24.39 billion). The Series D round, which Mistral said is “the largest equity fundraising round ever completed by a European technology company,” was led by Samsung Electronics, with EQT-managed Scaleup Europe Fund and existing investor PSG Equity joining as co-leads (See link for detaisl).
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