French AI Start-Up Mistral Secures € 2bn Valuation

French AI Start-Up Mistral Secures € 2bn Valuation

Photo dated September 15, 2023 shows the three co-founders of Mistral AI, Timothee Lacroix, Arthur Mensch and Guillaume Lample pose during a photo session in Paris, France on September 15, 2023. Mistral AI, a Paris start-up founded seven months ago by researchers from Meta and Google, has raised 385 million euros, or about $ 415 million, in yet another sign of feverish interest in a new kind of artificial intelligence that drives online chatbots. The deal values the 22-person company at about $ 2 billion, two people familiar with the deal said. Investors include the Silicon Valley venture capital firms Andreessen Horowitz and Lightspeed Venture Partners. The start-up’s value has increased more than sevenfold in just six months. In the summer, it raised a seed funding round of € 105 million (about $ 113 million) that valued the company at about $ 260 million. Photo by Khanh Renaud/ABACAPRESS.COM

  • Product Code
  • ILEA002080083
  • Registered date
  • 2023/9/15 00:00:00
  • Credit
  • Abaca Press / Kyodo News Images
  • Media source
  • Renaud Khanh/ABACA
  • Media size
  • 8256 × 5504 pixel
  • Resolution
  • 240 dpi
  • Deployment size
  • 3.40(MB)*
  • Special instruction

*File size when opened in Photoshop, etc.

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