Mistral AI Raises €385 Million, Valued at $2 Billion in Funding Round

French start-up Mistral AI, founded by researchers from Meta and Google, has raised €385 million ($415 million) in funding, valuing the company at $2 billion. Mistral builds technology for deploying chatbots and other AI-driven products and believes in sharing its technology as open-source software. This approach has drawn criticism from rivals like OpenAI and Google, who argue that it can be dangerous. Mistral's success is seen as an opportunity for France to challenge US tech giants, and other start-ups embracing the open-source approach are also attracting investment.