French AI startup Mistral is reportedly in talks to raise €3 billion at a €20 billion valuation, nearly doubling its previous valuation of €11.7 billion from its Series C round. This significant funding round highlights the continued investor confidence in European AI companies and the competitive AI landscape.
Background
Mistral AI is a Paris-based artificial intelligence company that has quickly become one of Europe's most valuable AI startups, competing with major US tech companies in developing large language models and AI technologies.
- Source
- TechCrunch
- Published
- Jun 13, 2026 at 01:38 AM
- Score
- 7.0 / 10