Overview
Mistral AI, based in France, raised €1.7 billion in Series C funding, valuing the company at €11.7 billion. It develops open-source AI models to compete with major tech firms, promoting efficiency and transparency. The round was led by ASML Holding NV and included notable investors like Nvidia.
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Investors: ASML Holding NV, Nvidia
Mistral AI, based in France, raised €1.7 billion in Series C funding, valuing the company at €11.7 billion. It develops open-source AI models to compete with major tech firms, promoting efficiency and transparency. The round was led by ASML Holding NV and included notable investors like Nvidia.