Topic: investment round
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French AI Giant Mistral Nears $14 Billion Valuation
Mistral AI is reportedly closing a €2 billion funding round that would value the company at $14 billion, making it one of Europe's most valuable tech firms. The Paris-based startup, founded by former DeepMind and Meta researchers, specializes in open source language models and its consumer AI cha...
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Oumla Secures $2.4M to Develop Saudi Digital Asset Infrastructure
Oumla raised $2.4 million in seed funding, led by Core Vision with support from Avalanche and angel investors, to advance Saudi Arabia's digital asset infrastructure. The company provides custody, management, and tokenization solutions for digital assets, targeting corporations, banks, and govern...
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Cerebras Raises $1.1B While Still Private a Year After IPO Filing
Cerebras Systems raised $1.1 billion in Series G funding, reaching an $8.1 billion valuation, co-led by Fidelity and Atreides Management, despite previous IPO plans for 2025. The company's growth is driven by strong demand for its AI inference services launched in 2024, leading to workforce expan...
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