Mistral AI raising at a $6B valuation, SoftBank 'not in' but DST is https://t.co/I803KhvGYF
12 month old Startup Mistral AI raising at 6B valuation. https://t.co/3CufU67xjf
Waiting for a short-term AI peak but VCs: $6B for xAI $1.1B for Coreweave $600M for Mistral AI $200M for Holistic AI $175M for Cognition ................................. https://t.co/yusKaMQyMD
Paris-based Mistral AI, a French AI startup, is nearing a deal to raise approximately $600 million at a $6 billion valuation. This marks a significant increase from its previous funding round in December 2023, where it raised $500 million at a valuation just over $2 billion. Notably, this funding round does not include investment from Softbank, which has opted out, but does feature backing from DST. The increased valuation positions Mistral AI to more effectively compete in the open-source Large Language Models sector with major players such as OpenAI and Anthropic.
