Paris-based Mistral AI, a startup working on open source large language models -- the building block for generative AI services -- has been raising money

Mistral AI is holding talks to raise about $600 million from investors at a $6 billion valuation, the Wall Street Journal reported today.

French artificial intelligence startup, Mistral AI, is reportedly expected to nearly triple its valuation to $6 billion in six months in a new funding round.

Paris-based Mistral is reportedly seeking to raise around $600 million from existing investors General Catalyst and Lightspeed Venture Partners.

Mistral AI is nearing a financing round which would value the French startup at about $6B, almost tripling its level from six months ago, The Wall Street Journal reported. Existing investors General Catalyst and Lightspeed Venture Partners are anticipated to be the largest funders in the new financing round,