Mistral Raised Three Billion Euros and Doubled Its Value in a Year. The Bet Is That Europe Will Pay to Own Its AI
The largest equity round ever by a European technology company values the Paris lab at 21 billion euros, up from 11.7 billion last September. Samsung leads, the EU's Scaleup fund and PSG co-lead, and the money goes into a gigawatt of European compute by 2030.
Sep 12, 2026






