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Mistral AI is seeking 3 billion euros in funding. The company also reportedly seeks $3.5 billion to build European AI infrastructure. The funding aims to support the development of artificial intelligence capabilities in Europe.

Mistral AI is in advanced discussions to raise €3 billion in equity funding at a €20 billion valuation. The Paris-based startup's valuation has surged from a few hundred million euros in 2023 to €5.8 billion by mid-2024 and €11.7 billion after a September 2025 Series C led by ASML.
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