Mistral is rumored to be raising €3B at €20 valuation

French AI lab Mistral AI is in early discussions to raise about €3 billion ($3.5 billion), Bloomberg informed Friday, citing unnamed sources. The funding round will value the company at around €20 billion (about $23.15 billion), almost double its valuation of €11.7 billion. get in a Series C funding round last September. One of Europe’s…

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