Mistral Secures €2 Billion Investment Valuing AI Company At $14 Billion

Mistral, the French AI startup founded by former DeepMind and Meta researchers, is finalizing a massive €2 billion investment that would value the company at $14 billion, according to Bloomberg. Known for developing open-source language models and its European-focused AI chatbot Le Chat, the two-year-old OpenAI rival has already raised over €1 billion from investors such as Andreessen Horowitz and General Catalyst. This new round, its first major raise since June 2024 when it was valued at €5.8 billion, underscores the rapid momentum of European AI startups, with Mistral emerging as one of the most valuable tech firms in the region.

AMOUNT: $2,329,580,000 VALUATION: $14,000,000,000

HQ: #Paris #France

#VentureCapital #Mistral #DeepMind #Meta #TradedVC