Mistral receives French military contract
The French Ministry of Defence has signed a comprehensive framework agreement with domestic AI company Mistral AI. The agreement aims to deploy advanced AI models, software and services in the military, research institutions and other public authorities.
Mistral Nears $14B Valuation Milestone
French AI startup Mistral AI is on the verge of securing a €2 billion funding round that would value the company at approximately €12 billion (about $14 billion) post-money, positioning it as one of Europe’s most valuable tech ventures.