Mistral AI Raises at €21 Billion Valuation in Samsung-Led Round

What happened

Mistral AI has raised €3 billion ($3.5 billion) at a valuation of more than €21 billion from investors led by Samsung Electronics Co. to fund the development of artificial intelligence models and build computing infrastructure.

Summary assembled by rule from the sources below

Timeline

1. 05:00
   First appeared on Bloomberg TechnologyBBloomberg Technology
2. 05:00
   Bloomberg Technology followed upBBloomberg Technology

Sources