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Mistral AI Raises €3bn as Europe Backs a Homegrown AI Contender

  • Foundation Models
  • Funding & M&A
  • Infra & Chips

Mistral AI has raised €3 billion in a Series D round led by Samsung, bringing major semiconductor and European institutional investors behind the French foundation-model company. The deal reportedly values Mistral at about €20 billion, nearly twice its €11.7 billion valuation from last year.

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