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France’s Mistral in funding talks at about €20 billion valuationFrench AI startup Mistral AI is reportedly in talks to raise approximately €3 billion ($3.5 billion) at a valuation of around €20 billion. ...- France announces crisis loans for firms hit by fuel-price surgeFrance said Friday it was launching an emergency loan programme to help small and medium-sized businesses exposed to soaring fuel prices dr...
- Meta stake in Ray-Ban maker EssilorLuxottica 'at least 3%', board director saysMeta holds at least a 3% stake in EssilorLuxottica, a board director at the European firm behind Ray-Ban glasses. The stake has previously ...
- First French AI billionaires emerge after €11.7 billion Mistral funding roundMistral AI's three founders, Arthur Mensch, Timothee Lacroix, and Guillaume Lample, are now billionaires. A recent funding round valued the...
- Mistral AI raises 1.7 billion euros as ASML becomes its top shareholderASML 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...
- To accelerate AI, India can adopt key elements from Macron’s ‘entrepreneurial state’ approachThe AI Index 2025 reveals a significant disparity in AI investment, with the US leading at $109 billion. India's $1.3 billion National AI M...
- European investment firm 360 Capital raises 140 million euros for climate tech fund360 Capital, a European venture capital firm, has raised 140 million euros for its 360 Life II fund. The fund focuses on investments in ren...
- Sanofi in exclusive talks with CD&R over sale of $17 bn OpellaFrench pharmaceutical company Sanofi has entered exclusive talks to sell a 50% stake in its consumer health business Opella to U.S. private...
- Mistral AI unveils groundbreaking LLM modelMistral claims the new large language model surpasses the capabilities of Open AI’s GPT 3.5 and Meta’s Llama 2 on several performance bench...
- French quantum computer startup PASQAL raises $109 millionThe investment is the biggest private funding round for a quantum computer startup in Europe, according to Georges-Olivier Reymond, CEO and...
- Government may examine OneWeb shareholding after Eutelsat buyBeijing-based sovereign fund China Investment Corporation (CIC) has a 7% stake in Eutelsat which is the second-biggest shareholder in OneWe...
- Eutelsat close to deal for UK satellite operator OneWebOneWeb was valued at $3.4 billion in its most recent funding round, one of the sources said. Eutelsat already has a 23% stake in OneWeb and...
- The consequences of the euro's fall to dollar parityNow, more euros are needed to pay for an equivalent amount of goods in dollars. It will dampen European tourism to the United States in par...
- Venture Catalysts plans to invest $108 million in Indian startups in 2022"We will continue investing in sectors such as FinTech, EduTech, AgriTech, FMCG, ecommerce, logistics and supply chain management, we expec...
- Venture Catalysts Group helps democratise early-stage investmentsThe Venture Catalysts Group has closed 207 deals in 2021.
- Cabinet approves signing of MoU India, Senegal in health sectorThe areas of cooperation include medical research, hospital management, drugs and pharmaceutical products and hospital equipment.
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