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Mistral AI valuation tops €21B; Cédric O stake value unquantified
La Tribune·FR·about 7 hours ago
Belgian bancassurer Belfius increased its stake in French AI startup Mistral AI, citing a drive for greater technological autonomy. The move follows Mistral's record €3B funding round at a €21B valuation, though the size of Belfius's stake remains undisclosed. This signals deepening European corporate investment in domestic AI champions amid geopolitical tech competition.
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