Mistral raised a €3B Series D led by Samsung at a €21B valuation, up from €11.7B a year ago, as it expands into data centers beyond developing AI models (Adam Satariano/New York Times)

Why It Matters

Adam Satariano / New York Times : Mistral raised a €3B Series D led by Samsung at a €21B valuation, up from €11.7B a year ago, as it expands into data centers beyond developing AI models   —  Mistral is trying to keep pace with American and Chinese rivals while offering customers a European alternative for artificial intelligence.

Provenance