Mistral AI raises $4.4b in Samsung-led round, at $31b valuation
straitstimes.comMistral AI raises €4.4 billion ($4.95 billion) in a Series D funding round led by Samsung Electronics, valuing the French open source AI company at over $31 billion as it continues developing sovereign European models.
Nvidia to buy Hugging Face for $13 billion in bet on open AI models
americanbazaaronline.comNvidia announced a $12.9 billion acquisition of Hugging Face to strengthen its position in open-source AI models and the developer ecosystem, betting on open-weight model adoption.