French AI lab Mistral AI is in early discussions to raise about €3 billion ($3.5 billion), Bloomberg reported Friday, citing anonymous sources.
The funding round would value the company at around €20 billion (about $23.15 billion), nearly double the €11.7 billion valuation it received in a Series C funding round last September.
Originally reported by TechCrunch. Read the full story at the original source.
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