The Austrian Academy of Science, working with French AI lab Mistral and tech firm Sail Reply, has released Apollo, described as the first large language model built specifically for Ancient Greek. Trained on roughly 600 million words from manuscripts, papyri and inscriptions, it will be offered free to scholars through a chatbot interface to help them locate relevant fragments and reconstruct damaged texts.
wired.com
· 2026-09-22
French AI startup Mistral AI has closed a €3 billion Series D funding round at a post-money valuation exceeding €21 billion, which it calls the largest equity raise ever by a European tech company. Samsung Electronics led the round, with EQT's Scaleup Europe Fund and existing backer PSG Equity as co-leads. Mistral plans to use the capital to expand compute infrastructure, accelerate commercial growth, and grow its presence internationally across the 20 countries where it now operates.
techcrunch.com
· 2026-09-08
French AI startup Mistral has closed a €3 billion funding round led by Samsung, alongside the EU-backed Scaleup Europe Fund and existing investor PSG Equity, pushing its post-money valuation above €21 billion. That marks nearly a doubling from the €11.7 billion valuation it held a year ago following a round led by ASML. CEO Arthur Mensch said the money will fund company-owned data centers and expanded computing capacity, with self-owned compute expected to double roughly every year for five years.
cnbc.com
· 2026-09-08
French AI startup Mistral AI has closed a funding round of $3.48 billion, drawing from both existing backers like Samsung and ASML Holding and new investors. The round pushes the company's valuation above $24 billion, cementing its status as Europe's leading AI challenger to US and Chinese rivals.
wsj.com
· 2026-09-08
The Australian Federal Police, working with the FBI and Western Australia Police, arrested and charged a 21-year-old and a 23-year-old accused of belonging to TeamPCP, a hacking collective blamed for injecting malicious code into widely used open-source packages. The group's tampered code allegedly reached over a thousand organizations, including GitHub, OpenAI, Mistral AI, SAP and the European Commission, leading to theft of roughly half a million credentials and exfiltration of at least 300GB of data.
bleepingcomputer.com
· 2026-08-27
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