AI | Mistral AI in Talks to Raise About €3 Billion at Roughly €20 Billion Valuation

French startup Mistral AI is in talks to raise around €3 billion ($3.5 billion) at a valuation of roughly €20 billion, according to people familiar with the discussions. The funding would give Europe’s AI champion more cash as it competes in a costly computing race against rivals in the US and China, according to Bloomberg,