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