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French AI startup Mistral raised €3 billion in Europe’s biggest-ever tech funding round. The deal, led by Samsung Electronics and others, values the company at more than €21 billion. Reuters says the round makes Mistral the latest signal that global capital is still flowing into Europe’s top AI names despite a tighter funding market. Key takeaway: Large late-stage rounds are widening the gap between category leaders and the rest of Europe’s startup ecosystem.
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