AI News Bits: Mistral AI’s Million-Dollar Valuation

Bullet Point Breakdown:

– Mistral AI, a French AI company, is reportedly raising funds at a whopping $6 billion valuation (that’s a lot of algorithms, folks!)
– Softbank, known for its deep pockets, is reportedly not participating in the round (we’re guessing they’re saving up for a robot butler instead)
– DST Global, a Russian investment firm, is said to be leading the investment (we’re sure they’ve got the rubles for it)

Hot Take:

Well, it looks like Mistral AI is really making a splash in the AI world! Who knew that creating intelligent machines could be so lucrative? And Softbank missing out? We’re sure they’ll find another way to invest in technology that’s as cutting-edge as a rotary phone. But seriously, $6 billion is a huge investment, and we can’t wait to see what Mistral AI does with it. Maybe they’ll finally create an AI that can make us laugh on command. Now that would be worth the investment!

Original Article: https://techcrunch.com/2024/05/09/sources-mistral-ai-raising-at-a-6b-valuation-softbank-not-in-but-dst-is/