a historic fundraising for French tech – L’Express

a historic fundraising for French tech – LExpress

Funding that is far from trivial in the French tech landscape: this year, only one start-up did better. This is Verkor, a company specializing in the production of low-carbon batteries, which raised 850 million euros from private investors in September, securing two billion euros to build its gigafactory in France.

Created in April 2023, Mistral AI therefore enters the big leagues. Its founders went through the laboratories of tech giants Google and Meta. The nugget’s core target: companies, which it will try to convince to abandon ChatGPT for open source generative AI models with a more attractive price/performance ratio than those of its American competitors.

lep-general-02