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Analytics December 18, 2023

AI Startups in Europe: A Surge in Funding with Mistral AI Leading the Charge

In an unexpected twist in the tech world, funding for AI startups is skyrocketing across Europe, a region traditionally not known as a hotbed for AI innovation. This surge is headlined by the French generative AI startup, Mistral AI, which recently secured a staggering $487 million in funding. This investment round, spearheaded by the renowned Andreessen Horowitz, catapulted Mistral AI's valuation to an impressive $2 billion, placing it firmly at the top of Europe's AI startup scene.

Analytics December 15, 2023

3,200 startups failed this year