Mistral Valuation Hits €20B
A massive 3 billion euro investment is shaking up the open-source AI landscape. Here is where the capital is going.
What the video says
3 billion euros just flooded into open-source AI. Samsung led the investment in French developer Mistral, pushing the startup's valuation past 20 billion euros.
With over 125 enterprise clients, the firm expects monthly revenue to hit $80 million by year's end. Mistral will use this new capital to purchase computing infrastructure for AI training and expand its global presence.
