Inside Mistral’s monster fundraise and Palantir-like repositioning
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Mistral is raising a €3 billion Series D round at a €20 billion valuation, with the EU's €5 billion Scaleup Fund in talks to lead or co-lead the investment. The round values the French AI company at approximately €20 billion, marking a significant capital injection into the European AI sector. The fundraise positions Mistral as Europe's answer to Palantir, a shift that influences valuation metrics and investor interest in the company.
