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Mistral Ai, A Paris-Based Openai Rival, Closed Its $415 Million Funding Round

Dec 11, 2023almost 2 years ago

Amount Raised

$415 Million

ParisInformation TechnologyMachine LearningArtificial Intelligence

Description

French startup Mistral AI has officially closed its much anticipated Series A funding round. The company has raised €385 million, or $415 million at today’s exchange rate — according to Bloomberg, it values the company at roughly $2 billion. Mistral AI is also opening up its commercial platform today.

Company Information

Company

Mistral AI

Location

Paris, Ile De France, France

About

Mistral AI is an AI startup that provides developers and businesses access to open and portable generative AI solutions.

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