French AI Lab Mistral Secures €3B at €21B Valuation

Summary
French AI startup Mistral has raised €3 billion in a Series D funding round, bringing its total valuation to €21 billion.
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French artificial intelligence laboratory Mistral has secured €3 billion in a Series D funding round. The fresh investment values the company at €21 billion.
The financing round was led by Samsung, Scaleup Europe, and PSG Equity, reflecting the strong commercial momentum and demand for sovereign AI solutions.
Source: TechCrunch
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