{"id":430762,"date":"2023-12-11T18:33:00","date_gmt":"2023-12-11T17:33:00","guid":{"rendered":"https:\/\/thecoinacademy.co\/news\/french-startup-mistral-ai-raises-millions-dollars\/"},"modified":"2023-12-11T18:33:16","modified_gmt":"2023-12-11T17:33:16","slug":"french-startup-mistral-ai-raises-millions-dollars","status":"publish","type":"post","link":"https:\/\/thecoinacademy.co\/news\/french-startup-mistral-ai-raises-millions-dollars\/","title":{"rendered":"French Startup Mistral AI Raises Millions of Dollars"},"content":{"rendered":"<p><strong>French startup Mistral AI raises millions of dollars:<\/strong><\/p>\n<ul>\n<li><strong>Mistral AI raises $415 million to develop its AI technology.<\/strong><\/li>\n<li><strong>This funding round includes renowned investors such as Andreessen Horowitz and Lightspeed Ventures.<\/strong><\/li>\n<li><strong>Mistral AI aims to make its products available to the general public starting early 2024.<\/strong><\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\" id=\"h-a-major-breakthrough-for-european-artificial-intelligence\"><span id=\"a-major-breakthrough-for-european-artificial-intelligence\"><strong>A major breakthrough for European artificial intelligence<\/strong><\/span><\/h2>\n<p>Mistral AI, a French startup specializing in artificial intelligence, has recently announced the closure of a <strong>385 million euro financing round.<\/strong><\/p>\n<p>This significant milestone will enable the company to <strong>further develop its technology<\/strong> and its <strong>open-source software<\/strong>, thereby strengthening its position in the field of general AI.<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-a-valuation-now-estimated-at-2-billion-dollars\"><span id=\"a-valuation-now-estimated-at-2-billion-dollars\">A valuation now estimated at 2 billion dollars<\/span><\/h2>\n<p>This funding round was led by <strong>Andreessen Horowitz<\/strong> and <strong>Lightspeed Ventures<\/strong>, two venture capital funds valued at <strong>several billion dollars.<\/strong><\/p>\n<p>After a previous funding round of <strong>113 million dollars in June<\/strong>, Mistral AI&#8217;s valuation is now estimated at around <strong>2 billion dollars<\/strong>.<\/p>\n<p>The company, founded by former leaders of Google DeepMind and Meta (the parent company of Facebook and Instagram), aims to <strong>make its products available to the general public starting early 2024<\/strong>.<\/p>\n<p>Arthur Mensch, CEO of Mistral AI, emphasizes the company&#8217;s goal of becoming a &#8220;European champion with a global vocation&#8221; in generative AI, based on an open, responsible, and decentralized approach to technology.<\/p>\n<p>Other notable investors include <strong>Salesforce<\/strong>, <strong>Bpifrance<\/strong>, and <strong>Eric Schmidt<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"French startup Mistral AI raises millions of dollars: Mistral AI raises $415 million to develop its AI technology.&hellip;\n","protected":false},"author":8,"featured_media":430764,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":"","original_i18n_url":"https:\/\/coinacademy.fr\/actu\/mistral-valorisee-2-millions-apres-levee-fonds\/"},"categories":[139],"tags":[],"coauthors":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - 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