OpenAI rival near deal to raise funds from Nvidia, Salesforce, Bloomberg says

Mistral AI is in the final stages of raising roughly $487M from investors including Nvidia (NVDA) and Salesforce (CRM) in a funding round that would value the OpenAI rival at about $2B, people familiar with the deal told Bloomberg’s Mark Bergen, Benoit Berthelot and Lizette Chapman. The deal includes over EUR325M in equity from investors led by Andreessen Horowitz, the authors note.