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Mistral raises €3B as sovereign AI becomes big business

TechCrunch·September 8, 2026·1 min read
Mistral raises €3B as sovereign AI becomes big business

French AI lab Mistral raised €3 billion in a Series D round at a €21 billion valuation, led by Samsung, Scaleup Europe, and PSG Equity. The funding marks a significant milestone for the company, boosting its position in the competitive AI landscape.

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