Mistral AI
Mistral AI is a French company that develops large language models. In December 2025 it released Mistral Large 3, a sparse mixture-of-experts model with 675 billion total parameters.
PrivateParis, FranceAI labsValuation after funding round, September 2025 (reported by Bloomberg) $14B (as of Sep 2025)
Supplies
Supplies Microsoft
In July 2026 Mistral and Microsoft expanded their partnership. Microsoft agreed to use part of Mistral's European computing capacity, and Mistral models were added to Microsoft Foundry.
Money
Microsoft invests in Mistral AI · $16M
Microsoft announced a $16 million investment in Mistral AI in February 2024.
ASML invests in Mistral AI
ASML invested in Mistral in September 2025, giving it an 11% shareholding. ASML supplies the semiconductor industry.
Samsung Electronics invests in Mistral AI
Samsung Electronics acquired a stake in Mistral in September 2026, in a transaction of €3 billion. Mistral's valuation then reached €21 billion.