Mistral AI reported to be raising €3 billion Series D round

Mistral AI is raising €3 billion ($3.49 billion) in a Series D round, according to Bloomberg Technology, with Samsung Electronics joining the financing. Chief Executive Arthur Mensch said the French AI company is probably still undervalued and argued that macroeconomic forces increasingly favor open-source models. The supplied summary does not say the round has closed or give Samsung's investment amount.