Mistral AI


The AI project Mistral AI, launched four weeks ago in Paris, has raised €105 million in its initial round, setting a record amount of funding for this stage in Europe.

Among the investors who contributed to the project were former Google CEO Eric Schmidt, billionaire Xavier Niel, and the French state investment bank Bpifrance.

As a result of this round, the startup was valued at €240 million. This significant investment reflects the growing interest in artificial intelligence and the desire of European companies to create viable alternatives to Silicon Valley giants like OpenAI (backed by Microsoft) and DeepMind (Google).

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