ReferIndia News First French AI billionaires emerge after €11.7 billion Mistral funding round

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First French AI billionaires emerge after €11.7 billion Mistral funding round

Published on: Sept. 11, 2025, 4:10 p.m. | Source: The Economic Times

Mistral AI's three founders, Arthur Mensch, Timothee Lacroix, and Guillaume Lample, are now billionaires. A recent funding round valued the French tech firm at €11.7 billion. The company is raising €1.7 billion in a Series C round. Mistral aims to be a European alternative to US AI giants. President Emmanuel Macron supports the company.

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