Mistral AI Secures Major Funding, Nears $2 Billion Valuation with Backing from Nvidia and Salesforce
Mistral AI, a rising force in AI technology, is close to securing a substantial funding round of approximately €450 million ($487 million). With investors like Nvidia and Salesforce contributing, the company's valuation is expected to reach $2 billion. Notable figures, including co-founders and insiders, are set to sell significant equity. Mistral AI, positioning itself as a cost-effective alternative, has gained recognition in the tech industry and secured substantial funding earlier this year. The company's trajectory highlights the growing prominence of European AI startups.
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