France’s Mistral AI Raises 105 Mln Euros Shortly after Being Set Up

French Junior Minister for Digital Transition and Telecommunications Jean-Noel Barrot arrives to attend the weekly cabinet meeting after a government reshuffle at the Elysee Palace in Paris, France, July 4, 2022.
11:35 JST, June 14, 2023
PARIS (Reuters) – French technology and artificial intelligence company Mistral AI has raised 105 million euros ($113.4 million) just a month after being set up, said junior government minister Jean-Noel Barrot, as France seeks to grow its presence as a global tech hub.
“Bravo to the start-up Mistral AI which has raised 105 million euros just a month after its creation: a record!” wrote Barrot on his Twitter account on Tuesday.
Mistral AI was set up by former Meta and Google artificial intelligence researchers, and it is headquartered in Paris.
$1 = 0.9264 euros
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