In TrendsSensex TodayStocks To BuyGold-Silver PricesBrent Crude PricesRupee vs DollarDefence StockFrench AI company Mistral hits $24 billion valuation in funding roundMistral raised €3 billion at a €21 billion valuation, Europe's largest private tech funding round. PSG Equity, Samsung Electronics, and Scaleup Europe Fund led the round.By Reuters September 8, 2026, 11:11:29 AM IST (Published)France's Mistral has raised €3 billion at a valuation of around €21 billion ($24 billion), in what the three-year-old AI company said on Tuesday was the biggest equity funding round by a privately owned European technology firm.Mistral said that the round was jointly led by existing investor PSG Equity, along with South Korea's Samsung Electronics and the EU-backed Scaleup Europe Fund, which both invested in it for the first time.The fundraising makes Mistral Europe's second-highest-valued private tech group and the fastest-growing company in Europe, its chief financial officer Johan Bergqvist told Reuters.He said that the funds will be used to power Mistral's models and invest in so-called frontier research, as the company seeks to compete with larger rivals.Mistral is seen as Europe's best chance of developing a leading AI company, even though it is dwarfed by U.S. rivals including Anthropic, whose valuation is nearly 40 times bigger…
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