Mistral raises €3B to make sovereign, open-weight AI the technology frontier
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Mistral AI has raised 3 billion euros in Series D funding, valuing the company at over 21 billion euros — the largest capital raise ever for a European tech company.
Samsung Electronics led the round alongside Scaleup Europe Fund and PSG Equity. The funds will be used to expand research, increase data capacity for training powerful AI models, and expand operations already covering 20 countries and serving over 125 major clients including Airbus and HSBC. Mistral is focused on building "sovereign AI" — a system where organizations can use powerful AI without losing control over their data, models, and infrastructure.
Mistral is the only AI company in the world building the full stack required to answer that question: open-weight models, the infrastructure and the compute capacity they run on, and the products that bring them into production; ensuring that customers are never locked into a single vendor's roadmap, pricing or availab
Vibekollen prepared this summary with AI from the original publication. The content belongs to Mistral AI.
