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Mistral AI secures €3B to expand open-weight models in Europe

French AI startup Mistral AI has raised €3 billion in Series D funding, with Samsung and ASML leading the round. The capital will fund open-weight AI model development and expand computing infrastructure across Europe. The company’s valuation now exceeds €21 billion.

Sources: newsbytesapp.com

“Mistral’s funding round underscores Europe’s push to compete in AI infrastructure, a shift from recent U.S.-dominated mega-rounds in the sector.”
— StartupReader
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