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Mistral AI Raises €3 Billion With Samsung Leading the Round

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French artificial intelligence company Mistral AI is raising €3 billion ($3.49 billion) in a Series D funding round, with Samsung Electronics joining the round. Chief Executive Officer Arthur Mensch argues that the company is probably still undervalued and that macroeconomic reasons are starting to show that open source models will win. He speaks with Bloomberg’s Tom Mackenzie.

French artificial intelligence company Mistral AI is raising €3 billion ($3.49 billion) in a Series D funding round, with Samsung Electronics joining the round. Chief Executive Officer Arthur Mensch argues that the company is probably still undervalued and that macroeconomic reasons are starting to show that open source models will win. He speaks with Bloomberg’s Tom Mackenzie. (Source: Bloomberg)
Mistral AI (ORG) Samsung (ORG) Round French (ORG) Samsung Electronics (ORG) Arthur Mensch (PERSON) Bloomberg (PERSON) Tom Mackenzie (PERSON)
Originally published by Bloomberg Technology Read original →