💼 5B USD stolen from Samsung Paris office, but 2 dropped on the way
Paris-based Mistral AI closed a Series D round of 3 billion euros (~$3.5 billion) at a valuation of over 21 billion euros (~$24 billion) — the largest equity round in the history of European tech companies. Investors include Samsung, a16z, Nvidia, BlackRock, and Luxembourg.
🌍 The funds will go to data centers: Mistral plans 1 GW of European computing power by 2030. The round cements the 'sovereign AI' model — control over where and how data is processed.
👤 Mistral models can be run on your own infrastructure with a choice of processing region and hosting of open-weight models. If the company reaches $1 billion ARR by the end of 2026, its API will become an alternative where data residency is important.
Source 1: https://techcrunch.com/2026/09/08/mistral-raises-e3b-as-sovereign-ai-becomes-big-business/ Source 2: https://www.euronews.com/business/2026/09/08/mistral-ai-raises-record-3-billion-in-samsung-led-funding-round
