AI Funding Surges: Mistral Raises €3B, Harvey Hits $15.5B Valuation

The artificial intelligence sector continues to see significant investment, with French AI lab Mistral AI announcing a substantial €3 billion Series D funding round, valuing the company at €21 billion. This round was led by major investors including Samsung, Scaleup Europe, and PSG Equity, underscoring the growing global interest in sovereign AI capabilities.

In parallel, legal AI startup Harvey has reached a new valuation milestone of $15.5 billion, nearly doubling its previous valuation from just nine months ago. This rapid ascent highlights the increasing demand and perceived value of specialized AI solutions across various industries. Meanwhile, Google is making a significant investment in European infrastructure, planning a €13 billion data center project in Finland, signaling a commitment to expanding its AI capabilities on the continent.