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French AI Startup Mistral Abu Dhabi is in discussion to raise $ 1 billion equity from investors with MGX funds, report BlombergCiting people known about the matter.
BPIPIFns is also talking to French ND donors to raise hundreds of millions of euros every hundred million euros every hundred million euros. TechCrunch has reached Mistral for comments.
The manufacturers of Le Chat Chatboats focus on Mistral, European AI Landscapes and Open-Open LlmsThe According to the pitchbook, startup has collected $ 1.19 billion dollars to today. Its last fund was a series B on June 2024.
Mistral is already working with MGX — a government-backed $ 100 billion AI fund-and NVDia to build the largest AI data center campus in Europe. The pressure for AI sovereignty at the UAE France’s AI project is committed to spending € 50 billion on France’s AI projects.