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DrinkWaterBeforeTheMarket

European AI unicorns' valuations are increasing faster than DeFi's annualized returns, ASML quietly making a fortune.

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CoinNetwork
Europe’s AI “lone seedling” Mistral in talks for €3 billion in funding: valuation could be as high as €20 billion; ASML would be the largest shareholder
CryptoWorld News reports that Mistral AI is in talks with investors for a new funding round, planning to raise approximately 30 billion euros, with a valuation of about 20 billion euros. It may increase further due to investor demand. The company is currently in an early stage, and the terms may still change. ASML is its largest shareholder; last year it invested 1.3 billion euros and holds an 11% stake. Mistral AI was founded in 2023 by former researchers from Google DeepMind and Meta, mainly serving European governments and enterprises. It has local data centers in France and Sweden, and has already signed partnerships with Airbus and BMW. To expand its business, it is negotiating with institutions such as European banks, and plans to provide cybersecurity models to replace Anthropic Mythos.
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