Mistral raises record €3bn as Europe strains to keep pace in AI raceThe Paris-based company is seen as a leader in the effort to supply Europe with its own “sovereign” technology and computing infrastructure. Arthur Mensch, Mistral’s co-founder and chief executive, told the FT that the cash would remove a “key bottleneck” in securing the computing capacity needed to catch up with Chinese AI labs in “frontier” AI training.
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