Mistral raises €3B led by Samsung, EQT, PSG to scale AI infrastructure in Europe

Mistral AI announced a €3 billion funding round led by Samsung Electronics, EQT, and PSG, aimed at building large-scale computing infrastructure and industrial AI deployment across Europe. The round signals a strategic pivot toward infrastructure and commercialization, potentially distancing the company from frontier-model innovation. This marks one of the largest AI funding rounds in Europe, underscoring investor confidence in European AI scale-up.