---
title: "Sources: Mistral AI raising at a $6B valuation, Softbank ‘not in’ but DST is"
url: https://daily.dev/posts/sources-mistral-ai-raising-at-a-6b-valuation-softbank-not-in-but-dst-is-m1latlu52
source_url: https://techcrunch.com/2024/05/09/sources-mistral-ai-raising-at-a-6b-valuation-softbank-not-in-but-dst-is/
type: article
source: "TechCrunch"
published: 2024-05-09T15:52:16.042Z
updated: 2024-05-09T15:52:15.506Z
tags: ["ai", "startup", "open-source", "venture-capital", "mistral-ai"]
reading_time: 4
upvotes: 2
comments: 0
language: en
---

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# Sources: Mistral AI raising at a $6B valuation, Softbank ‘not in’ but DST is

**[TechCrunch](https://daily.dev/sources/tc)** · 4 min read · 2 upvotes · 0 comments

## Summary

Paris-based startup Mistral AI is raising money at a $6 billion valuation to compete with OpenAI and Anthropic. Investors include DST, General Catalyst, and Lightspeed Venture Partners. SoftBank is not currently involved. Mistral AI is focused on open-source Large Language Models and has seen a significant increase in valuation. The market for AI startups is highly competitive.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2024/05/09/sources-mistral-ai-raising-at-a-6b-valuation-softbank-not-in-but-dst-is/>

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---

Tags: [#ai](https://daily.dev/tags/ai), [#startup](https://daily.dev/tags/startup), [#open-source](https://daily.dev/tags/open-source), [#venture-capital](https://daily.dev/tags/venture-capital), [#mistral-ai](https://daily.dev/tags/mistral-ai)

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