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Nvidia Backs Mistral AI in Historic €3B Round to Fuel Chip Demand

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The Story

News Summary

  • Nvidia participated in a record €3 billion funding round for French startup Mistral AI, valuing it at €21 billion.
  • The investment expands Nvidia's customer base for advanced AI training and inference compute while diversifying the ecosystem beyond OpenAI and Anthropic.
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212.51 +19.79% over the displayed period

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