Mistral AI

Mistral says it will spend €1.2B to build AI infrastructure in Sweden with partner EcoDataCenter, set to open in 2027 as its first data center outside France

French startup Mistral AI is investing €1.2 billion ($1.4 billion) to build AI infrastructure in Sweden …

Sources: Mistral AI is in talks to raise as much as $1B in equity from investors, including Abu Dhabi fund MGX; Mistral has raised €1B+ since its 2023 founding

Bloomberg :

Sources: Mistral AI has closed or is closing a handful of commercial contracts, each worth $100M+ over three to five years, as it expands its own infrastructure

Start-up has embarked on expansion of its own infrastructure and secured significant contracts

Sources: French AI startup Mistral AI is nearing a deal to raise ~$600M at a $6B valuation, after raising $500M at a $2B+ valuation in December 2023

Wall Street Journal :

Sources: Paris-based Mistral AI is in the final stages of raising ~€450M at a ~$2B valuation; a16z could provide €200M and Nvidia and Salesforce €120M in debt

less than 12 months after founding Aamir Sheikh / Cryptopolitan : Mistral AI Secures $487 Million Funding Led by Andreessen Horowitz, Emerging as a Strong Competitor to OpenAI PYMNTS.com : Mistral AI ...

Paris-based Mistral AI raised a €105M seed led by Lightspeed, sources say at a €240M valuation, to rival OpenAI and plans to release its first AI models in 2024

Paris-based Mistral AI raised a €105M seed led by Lightspeed, sources say at a €240M valuation, to take on OpenAI and plans a 2024 launch for its first models

AI is well and truly off to the races: a startup that is only four weeks old has picked up a $113 million round …