Mistral’s new fundraise puts Europe’s AI race on a bigger scale. Mistral has reportedly raised €3bn at a €21bn valuation, with backing from Samsung, the EU’s Scaleup Europe Fund and PSG Equity. The deal underlines continued investor appetite for European AI platforms, even as capital concentrates around a handful of breakout names. Key takeaway: The round signals that Europe’s AI market is moving from early hype to large-scale capital formation, with public and private money now reinforcing the winners. 🔗 https://eu.techcrunch.com/ #Startup #Funding #EuropeanTech