Mistral AI, the French startup competing with OpenAI, is reportedly raising 3.5bn USD at a 23.15bn USD valuation, nearly doubling its worth. The company disclosed its annual recurring revenue has grown to 400m USD, up from 20m USD last year, and is on track to exceed 1bn USD this year. https://techcrunch.com/2026/07/04/what-is-mistral-ai-everything-to-know-about-the-openai-competitor/ #Tech #Startup #News #AI
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