French artificial intelligence company Mistral AI has raised €3 billion in a round led by Samsung Electronics, nearly doubling its valuation to more than €21 billion in what the company says is the largest equity fundraising ever completed by a European technology firm.

PARIS, Sept 8 : France's Mistral has raised €3 billion at a valuation of around €21 billion ($24 billion), in what the three-year-old AI company said on Tuesday was the biggest…

Mistral today announced that it has raised €3 billion in a Series D funding round at a post-money valuation of more than €21 billion.

Mistral has raised €3 billion at a $24 billion valuation weeks after the French AI company signed an agreement with Côte d’Ivoire

French AI start-up Mistral has raised €3bn in Series D funding at a post-money valuation of more than €21bn.