The Paris-based company last raised equity funding less than one year ago when it secured a €1.7bn Series C

CNBC's Arjun Kharpal sat down with the chief of one of Europe's leading AI companies.

Mistral is in funding talks to raise about €3bn at a roughly €20bn valuation, Bloomberg reports, nearly doubling the European AI champion's September price.

Mistral AI plans to raise €3 billion at a €20 billion valuation, nearly doubling its September 2025 Series C price as Europe doubles down on AI sovereignty.

French AI startup Mistral AI is negotiating a new funding round of around 3 billion euros at a valuation of approximately 20 billion euros.

Das französische KI-Startup Mistral AI verhandelt über eine neue Finanzierungsrunde von rund 3 Milliarden Euro bei einer Bewertung von etwa 20 Milliarden Euro.

The Paris-based company last raised equity funding less than one year ago when it secured a €1.7bn Series C

The funding round would value the company at around €20 billion (about $23.15 billion), nearly double its Series C valuation of €11.7 billion.

French AI startup Mistral AI is reportedly in talks to raise approximately €3 billion ($3.5 billion) at a valuation of around €20 billion. This significant funding aims to bolster…

Mistral reportedly seeking $3.5B funding round amid physics AI push - SiliconANGLE

French AI lab Mistral AI is reportedly in early talks to raise €3 billion, potentially doubling its valuation to €20 billion since its last funding round.

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Mistral AI is in talks to raise €3 billion at a €20 billion valuation. The Paris startup wants to build its own data centres and reach 1GW of computing capacity by 2030.