Mistral Acquires Pimento After €3B Raise

Mistral has acquired Pimento, a French startup that uses AI to create advertising campaigns, for nearly €3.8 million, according to L'Informé. Pimento's CEO confirmed the deal on LinkedIn, saying his team will join Mistral's engineering and product groups to improve the Vibe chatbot. The purchase follows Mistral's €3 billion raise led by Samsung, with Nvidia and ASML participating.