Mistral negotiating €3B funding round at €20B valuation

Secured $830 million in debt financing from a banking consortium for a sovereign AI data center.

Announced construction of a sovereign AI data center in Bruyères-le-Chatel, southwest of Paris.

Financing led by a consortium of seven banks including HSBC and BNP Paribas.

Released a no-code fine-tuning tool supporting over 100 LLMs including Llama 4, Qwen, DeepSeek, and Mistral

Mistral Large 2 released, offering frontier-level performance as open-weight model.