Paris-based AI startup raises €105M with no product, more Vision Fund layoffs planned, Insight cuts fund target by $5B
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Mistral AI, a Paris-based AI startup co-founded by former DeepMind and Meta employees, raised €105M at a €240M valuation led by Lightspeed; the company is four weeks old and has yet to develop its first product - Link Reuters sources: SoftBank’s Vision Fund is reportedly planning another round of layoffs, impacting up to 30% of its ~350 staff members; in September, SoftBank cut ~150 jobs, including some in its investing arm -
Paris-based AI startup raises €105M with no product, more Vision Fund layoffs planned, Insight cuts fund target by $5B
Paris-based AI startup raises €105M with no…
Paris-based AI startup raises €105M with no product, more Vision Fund layoffs planned, Insight cuts fund target by $5B
Mistral AI, a Paris-based AI startup co-founded by former DeepMind and Meta employees, raised €105M at a €240M valuation led by Lightspeed; the company is four weeks old and has yet to develop its first product - Link Reuters sources: SoftBank’s Vision Fund is reportedly planning another round of layoffs, impacting up to 30% of its ~350 staff members; in September, SoftBank cut ~150 jobs, including some in its investing arm -