Even as AI funding surges, capital concentration and thinning differentiation among startups signal valuation reset and consolidation, says...

Happy Wednesday! Silicon Valley-based Lightspeed's partners spoke to us exclusively on all things AI. This and more in today's ETtech Morni...

Lightspeed Venture Partners, a leading Silicon Valley-based investment firm, is of the view that despite the current valuation "euphoria" i...

Swiss AI lab Giotto.ai is seeking over $200 million in funding, aiming for a valuation exceeding $1 billion. Positioning itself as a Europe...

Mistral AI's three founders, Arthur Mensch, Timothee Lacroix, and Guillaume Lample, are now billionaires. A recent funding round valued the...

ASML is investing 1.3 billion euros in Mistral AI as part of a series C funding round, making it Mistral's main shareholder as it will hold...

ASML is set to become the largest shareholder in French AI startup Mistral AI by investing €1.3 billion in its €1.7 billion fundraising rou...

The French firm's own Thursday release, "Mistral Small 3", is "competitive with larger models" including Meta's Llama or Qwen, developed by...

Mistral was set up in April 2023 by Arthur Mensch, a graduate of France's prestigious Polytechnique engineering school with a mop of unruly...

In February, Microsoft invested $16 million in Mistral AI and partnered with them to make its artificial intelligence models available thro...

Zomato CEO Deepinder Goyal said established businesses in India should nurture startups, but without the intention of owning them. This and...

The fund-raising highlights the rapid growth of the artificial intelligence (AI) sector as well as Europe's desire to create rivals to Sili...