
Mistral AI Secures $415M Funding, Reaches $2B Valuation
French startup Mistral AI has closed a funding round worth $415 million, led by Andreessen Horowitz and Lightspeed Ventures, bringing its total funding to $528 million. Mistral AI focuses on open-source technology for generative AI tools and aims to make its products available to the public in early 2024. The company was founded by former leads at Google's DeepMind and Meta, and it is valued at around $2 billion. Additional investors in the funding round included Salesforce, Bpifrance, and Eric Schmidt.

