Friday, April 19, 2024

Sources: Mistral plans to raise €500M at an over €5B valuation from multiple VCs and wealth funds, after raising ~€400M at a €2B valuation in December 2023 (Financial Times)

Financial Times:
Sources: Mistral plans to raise €500M at an over €5B valuation from multiple VCs and wealth funds, after raising ~€400M at a €2B valuation in December 2023  —  One-year-old French start-up approached by multiple investors who view it as Europe's answer to OpenAI



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Global DRAM supply is likely to meet only 60% of demand through 2027; memory to hit ~40% of low-end smartphone manufacturing costs by mid-2026, up from 20% now (Nikkei Asia)

Nikkei Asia : Global DRAM supply is likely to meet only 60% of demand through 2027; memory to hit ~40% of low-end smartphone manufacturin...