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Mistral AI valuation tops $24 billion after Samsung-led funding

Mistral AI says a Samsung Electronics-led funding round lifted its valuation above $24 billion, giving it additional firepower to invest in model development and grow its customer base.

Mistral AI completed a new funding round led by South Korea’s Samsung Electronics that lifted its valuation above $24 billion, giving the French artificial-intelligence startup additional firepower to invest in model development and expand its customer base. The company said it had raised 3 billio…