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Mistral, the French AI giant, is reportedly on the cusp of securing a $14B valuation


The 2-year-old OpenAI rival, founded by former DeepMind and Meta researchers, develops open-source language models and Le Chat, its AI chatbot built for European audiences.

The 2-year-old OpenAI rival, founded by former DeepMind and Meta researchers, develops open source language models and Le Chat, its AI chatbot built for European audiences. The company has previously raised over €1 billion from prominent investors including Andreessen Horowitz and General Catalyst. Also leading this surge is Sweden’s Lovable, an AI coding platform that reached a$1.8 billion valuation in July just eight months after its launch.

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