AINew York Times1h ago
Mistral raised a €3B Series D led by Samsung at a €21B valuation, up
Mistral raised a €3B Series D led by Samsung at a €21B valuation, up from €11.7B a year ago, as it expands into data centers beyond developing AI models
TL;DRMistral raised €3B at €21B valuation, doubling its worth as it expands beyond model development.
Why it matters: Europe's AI champion now has resources to compete with US/China on infrastructure, not just models.
Mistral is trying to keep pace with American and Chinese rivals while offering customers a European alternative for artificial intelligence.
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