Mistral AI in Talks to Raise €3B at €20B Valuation as European AI Race Heats Up
French AI lab Mistral AI is in early discussions to raise approximately €3 billion at a valuation of around €20 billion, according to Bloomberg, nearly double the €11.7 billion valuation the company achieved in its Series C round last September. Founded in 2023, Mistral has differentiated itself from American rivals through an open-weights model strategy […]