{"id":28607,"date":"2024-04-17T10:35:05","date_gmt":"2024-04-17T10:35:05","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/04\/17\/frances-mistral-ai-seeks-funding-at-5-billion-valuation-report\/"},"modified":"2024-04-17T10:35:05","modified_gmt":"2024-04-17T10:35:05","slug":"frances-mistral-ai-seeks-funding-at-5-billion-valuation-report","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/04\/17\/frances-mistral-ai-seeks-funding-at-5-billion-valuation-report\/","title":{"rendered":"France’s Mistral AI seeks funding at $5 billion valuation: report"},"content":{"rendered":"
\"France’s<\/div>


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French tech startup Mistral AI<\/a> has been speaking to investors about raising several hundred million dollars at a valuation of $5 billion, The Information reported on Tuesday. <\/p>\n

It’s unclear which investors Mistral<\/a> has spoken to about a new funding round, the report said, citing a person with direct knowledge of the matter. <\/p>\n

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Mistral’s existing investors include Andreessen Horowitz, Lightspeed Ventures<\/a> and Microsoft Corp<\/a>, which has also backed AI startup OpenAI.<\/p>\n

Mistral did not immediately respond to a Reuters request for comment outside of regular business hours. <\/p>\n

In February, Microsoft<\/a> invested $16 million in Mistral and partnered with them to make its artificial intelligence models available through its Azure cloud computing platform. <\/p>\n

The partnership provoked scrutiny from the European Union, with lawmakers demanding an investigation into what they see as a concentration of power by the technology giant.<\/p>\n

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The startup, which has just recently begun to generate revenue, in December raised $415 million, the report added. Mistral was last valued at 2 billion euros in a funding round in December.<\/div>\n


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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

French tech startup Mistral AI has been speaking to investors about raising several hundred million dollars at a valuation of $5 billion, The Information reported on Tuesday. It’s unclear which investors Mistral has spoken to about a new funding round, the report said, citing a person with direct knowledge of the matter. Elevate Your Tech […]<\/p>\n","protected":false},"author":2,"featured_media":28608,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/img.etimg.com\/photo\/88591548.cms","fifu_image_alt":"","footnotes":""},"categories":[607],"tags":[1289,5238,2801,33183,1099,28031,29644,33182,61,5113,3585],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/28607"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=28607"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/28607\/revisions"}],"predecessor-version":[{"id":28609,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/28607\/revisions\/28609"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/28608"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=28607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=28607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=28607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}