Mistral in Talks to Raise €3 Billion at €20 Billion Valuation
Mistral’s reported €3 billion round would fund a 1-gigawatt European compute buildout, yet leaves the OpenAI rival far smaller than US and Chinese rivals.
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Mistral’s reported €3 billion round would fund a 1-gigawatt European compute buildout, yet leaves the OpenAI rival far smaller than US and Chinese rivals.
Alphabet plans to raise $80 billion through stock offerings and a strategic investment from Berkshire Hathaway to expand AI infrastructure. The funding will support growing demand for Google’s AI services and computing capacity.
SoftBank plans to invest €45 billion in three large-scale AI data centers in France as part of a broader €93 billion foreign investment push announced at the Choose France summit.
Nvidia has committed at least $6.5 billion to photonics companies in recent months as it seeks to overcome AI infrastructure bottlenecks. The investments target optical technologies that could reduce energy consumption and improve data transfer across future AI systems.
Anthropic has raised a $65 billion Series H round at a $965 billion valuation, surpassing OpenAI to become Silicon Valley’s most valuable AI company.
ClickHouse has surpassed $250 million in annualized revenue run rate as the database startup prepares for a potential IPO within the next few years. The company has tripled revenue over the past year while expanding its customer base across AI and enterprise markets.
Ashton Kutcher’s venture firm Sound Ventures invested $30 million in OpenAI years ago. That stake could now be worth more than $2 billion if OpenAI goes public at a higher valuation.
AI startups are increasingly being accused of overstating annual recurring revenue by counting unsigned deployments, future contract value, and projected usage growth as current revenue.
Polish startup Viktor has raised $75 million in a funding round led by Accel to expand its AI-powered digital employee platform. The company says its autonomous AI agents can manage operational tasks across enterprise tools for weeks at a time.
Meta is moving thousands of employees into AI-focused teams while cutting 10% of its workforce as part of a broader organizational overhaul. The restructuring comes as new labor data shows AI-exposed occupations across the U.S. continue to lose jobs.