Valley NewsCompany
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The official news channel of Valley
Pigment raises $250 million at a $2.3 billion valuation to challenge Microsoft. The French AI company’s round was led by Scaleup Europe Fund, with backing from Nvidia and existing investors. The funding gives Pigment additional firepower to expand its business-planning software as European startups target global enterprise markets. Key takeaway: Europe’s strongest AI companies are attracting large rounds to compete directly with established US software leaders.
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