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Mistral Raises €3 Billion at €21 Billion Valuation in Series D Round

11 h ago

Source Summary

French AI lab Mistral has raised €3 billion in a Series D funding round led by Samsung, Scaleup Europe, and PSG Equity. The round values the company at €21 billion.

Why it matters

The funding demonstrates major institutional backing for European AI development and sovereign AI capabilities outside the United States.

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