Mistral raised €3B led by Samsung at a €21B valuation, up from €11.7B a year ago, as it expands to building data centers instead of solely developing AI models (Adam Satariano/New York Times)

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Adam Satariano / New York Times:
Mistral raised €3B led by Samsung at a €21B valuation, up from €11.7B a year ago, as it expands to building data centers instead of solely developing AI models — Mistral is trying to keep pace with American and Chinese rivals while offering customers a European alternative for artificial intelligence.

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