A year after entering the generative AI race with Europe’s largest-ever seed round of $113 million, Mistral AI is raising more cash — lots more, like, almost 6X that amount. The Paris-based startup today announced it has secured $640 million series B funding in a combination of debt and equity, taking its valuation to nearly $6 billion.
Source: Mistral raises massive $640M to take on OpenAI, Anthropic in the global gen AI race