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Tech, , 5 sources.
Mistral raises €3bn as Samsung backs Europe’s AI ambitions
Mistral has raised €3bn in a round led by Samsung, valuing the French AI company at €21bn, with the EU-backed Scaleup Europe Fund and PSG Equity also participating. The Financial Times emphasizes the funding’s record size and Europe’s continuing gap with US and Chinese rivals, while CNBC highlights plans to build data centers, expand computing capacity and train larger models. Mistral says it will continue developing open-weight AI models and supporting enterprise applications, including Samsung’s chip manufacturing.