Mistral raises €3B as sovereign AI turns into large enterprise

French AI lab Mistral AI on Tuesday said it has raised €3 billion (about $3.58 billion) at a post-money valuation of greater than €21 billion (about $24.39 billion), confirming earlier rumors. This Collection D spherical, which Mistral stated is “the most important fairness fundraising spherical ever accomplished by a European know-how firm,” was led by…

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