Mistral Aims for $14 Billion Valuation in Latest Funding

French AI startup Mistral AI is finalizing a €2 billion investment that values it at €12 billion ($14 billion), making it one of Europe's most valuable tech companies. Founded in 2023 by former DeepMind and Meta researchers, Mistral is developing open-source language models and AI services, including a European-focused chatbot. The new funding follows previous investments and aims to strengthen its position in the competitive AI landscape dominated by US and Chinese firms.