Reported 2 days ago
French AI startup Mistral is negotiating with venture capital firms and Abu Dhabi's MGX to raise $1 billion at a $10 billion valuation, according to Financial Times. Established in June, Mistral aims to compete with leading American and Chinese AI companies by enhancing its chatbot and large language models. Previously, the company raised 600 million euros in a Series B round, valuing it at 5.8 billion euros.
Source: YAHOO