Mistral, the French AI giant, is reportedly on the cusp of securing a $14B valuation

French AI Startup Mistral AI is an investment of € 2 billion With a valuation after the money of $ 14 billion, Bloomberg reports, who positions the company as one of Europe’s most valuable technical startups. The two-year-old OpenAi rival, founded by former DeepMind and Meta researchers, develops open source language models and Le Chat, have been built AI-Chatbot for the European public.

Mistral does not comment on the report, but De Ronde would represent the first major increase in Mistral since June 2024, when it was appreciated at € 5.8 billion. The company has raised more than € 1 billion from prominent investors, including Andreessen Horowitz and General Catalyst.

The investment is because European AI startups get an unprecedented momentum. European AI companies have 55% more years on year investment in Q1 2025, according to Dealroom, with 12 European startups that achieve a unicorn status in the first half of the year. Also leading this increase is Sweden from Lovable, an AI coding platform that reached a rating of $ 1.8 billion only eight months after the launch in July.