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Mistral is reportedly in talks to raise $1B


French AI startup Mistral is in talks to raise up to $1 billion in equity from investors including Abu Dhabi’s MGX fund, reports Bloomberg.

French AI startup Mistral is in talks to raise up to $1 billion in equity from investors including Abu Dhabi’s MGX fund, reports Bloomberg, citing people familiar with the matter. Mistral is also talking to French lenders like Bpifrance SACA to raise hundreds of millions of euros in debt, per Bloomberg. Mistral, makers of the Le Chat chatbot, is one of the most significant players in the European AI landscape with a focus on open-weight LLMs.

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