Mistral AI raises record €3 billion in Samsung-led funding round
French artificial intelligence company Mistral AI has secured €3 billion in a funding round led by Samsung Electronics, nearly doubling its valuation.
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French artificial intelligence company Mistral AI has raised €3 billion in a funding round led by Samsung Electronics, according to a report by Euronews.
The capital injection has nearly doubled the company's valuation to more than €21 billion.
Mistral AI stated that the transaction represents the largest equity fundraising ever completed by a European technology firm.
Source: Euronews. Read the original report ↗
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This brief is based on reporting by Euronews.