Mistral is reportedly in talks to raise $1B 

French ai start Mistral Negotiations are underway to raise capital to $ 1 billion from the Abu Dhabi MGX Foundation. BloombergWith reference to people familiar with the issue.

Mistral, like BPIfrance Saca, with French lenders, Bloomberg’s hundreds of millions of euro talks like BPifrance Saca to bring up the debt. TechCrunch reached the Mistral for a comment.

Mistral, Le Chat Chatbot is one of the most important players in the European EI view of the open-weighted European AI Llms. According to Pitchbook, $ 6.51 billion in the starting of a $ 1.19 billion in price. His latest fundraise was a series B in June 2024.

The Mistral is already working with MGX – a $ 100 billion AI Foundation supported by the government and NVIDIA, NVIDIA to build the largest AI data center campus. UAE is also committed to spending 50 billion euros in France, People of French President Emmanuel Macman in France, 50 billion euros in France.