Mistral is reportedly in talks to raise $1B | TechCrunch
Briefly

Mistral, a French AI startup known for its Le Chat chatbot, is in talks to raise up to $1 billion in equity from investors, including Abu Dhabi's MGX fund. The company is also looking to secure hundreds of millions of euros in debt from French lenders such as Bpifrance SACA. Mistral has raised $1.19 billion so far, achieving a post-money valuation of $6.51 billion, focusing on open-weight LLMs. Additionally, it is collaborating with MGX and Nvidia to establish Europe's largest AI data center campus, with the UAE committing €50 billion to AI projects in France.
Mistral is in discussions to secure up to $1 billion in equity from investors, while also seeking hundreds of millions in debt from French lenders.
Mistral has raised a total of $1.19 billion, achieving a post-money valuation of $6.51 billion, with a focus on open-weight LLMs.
The startup is partnering with MGX and Nvidia to develop Europe's largest AI data center campus, reflecting significant governmental investment in AI.
The UAE is investing €50 billion in AI projects in France, aligning with French President Emmanuel Macron's initiative for AI sovereignty.
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