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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SpaceX, Anthropic, and OpenAI’s hot IPO summer

The IPO market is back, and it’s no longer led by the same companies. FAANG performed well, but a new acronym is dominating: MANGOS – Meta (or Microsoft, depending on who you ask), Anthropic, Nvidia, Google, OpenAI and SpaceX. Half of that group is going to the public markets in the same window, and it’s…

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Anthropic’s Dario Amodei has just one direct report

If founders and other business leaders weren’t already jealous of Dario Amodei, who sits at the helm of one of the fastest-growing AI companies in the world — it’s currently valued at almost the lowest by private markets investors. trillion-dollar mark They’re going to be seriously jealous now – a little over five years after…

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Cybercriminals claim breach of Oracle PeopleSoft servers at 100-plus organizations

Notorious cybercrime group ShinyHunters claims to have hacked Oracle PeopleSoft servers at more than 100 organizations, many of which are universities, a member of ShinyHunters told TechCrunch on Wednesday. there were violations first reported By BleepingComputer. PeopleSoft is enterprise software designed to manage payroll, human resources, administration, and other business operations. The news shows that…

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