FRONTIER · EU
Mistral raises €3 billion Series D with Samsung, Nvidia, ASML backing
Mistral AI, the European open-source LLM builder, closed €3B Series D from Samsung, Nvidia, ASML, and Scaleup Fund. Values company at multi-billion euro scale; signals EU/Asia commitment to AI infrastructure independence from US dominance.
WHY IT MATTERS
Non-US sovereign AI ambitions now backed by chip/hardware giants; creates alternative model supply chain for BFSI outside US regulatory/export control exposure.
Source: Sifted · 2026-09-02