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3min chapter
Raspberry Pi’s London IPO & Mistral’s $640M Funding Round
Prof G Markets
French AI Startup Secures $640M Funding Round and Potential to Compete with AI Giants
The chapter delves into Mistral, a French AI startup, obtaining $640 million in funding, triple its value from the previous year. It assesses Mistral's potential to rival established AI giants, given possible support from the EU as a homegrown tech company, and highlights the tech sector's historical prowess of French companies, drawing a parallel with their success in luxury goods.
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