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News 2026-09-08 05:00 UTC

French AI company Mistral hits $24 billion valuation in funding round

France's Mistral has raised €3 billion at a valuation of around €21 billion ($24 billion), in what the three-year-old AI company said on Tuesday was the biggest equity funding round by a privately owned European technology firm.Mistral said that the round was jointly led by existing investor PSG Eq…