Tag Archives: AIStartup

Mistral AI Secures €600mn Funding, Valuation Skyrockets to €6bn

Mistral AI Secures €600mn Funding, Valuation Skyrockets to €6bn

Mistral AI was established in mid-2023 in Paris by its three founders: Guillaume Lample, Chief Executive Arthur Mensch, and Timothée Lacroix. © Renaud Kahn

Mistral AI, a Paris-based artificial intelligence startup, has secured €600mn in new funding, propelling its valuation to nearly €6bn. This significant investment comes just a year after the company’s launch, positioning Mistral AI as a strong contender against OpenAI, with backing from tech giants like Microsoft and Nvidia. The funding round, tripling the company’s valuation […]