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Microsoft-backed Mistral AI raises $645 million at a $6 billion valuation - TL;DR CNBC

Microsoft-backed Mistral AI raises $645 million at a $6 billion valuation

Publishing timestamp: 2024-06-12 11:43:10


Summary

Mistral AI, a French tech startup, raised a funding round of 600 million euros, or $645 million, to compete in the artificial intelligence race. The company is vying to become Europe's AI champion and has already attracted investments from major players like Microsoft.


Sentiment: POSITIVE

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Keywords: venture capitalgenerative aibusiness newsalphabet inctechnologynvidia corpinternetamazon.com incartificial intelligencemicrosoft corp

Source: https://www.cnbc.com/2024/06/12/mistral-ai-raises-645-million-at-a-6-billion-valuation.html


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