[ TRANSACTION RECORD ]

Nvidia Corporation Investment in Mistral AI — 2024

VERIFIED VECTOR ID: 001515 · tx-043
M SOURCE NODE — FUNDER
Technology United States
$640,000,000
EQUITY
25/03/2024
Q DESTINATION NODE — RECIPIENT
Company France
Amount (USD)
$640.0M
Flow Type
EQUITY
Transaction Date
25/03/2024
Primary Source
Funder Profile [ M ]
AUM 50000
HQ Location United States
Sector Technology
Recipient Profile [ Q ]
Entity Mistral AI
Entity Type Company
Jurisdiction France
Intelligence Note

Nvidia Corporation led a significant funding round for Mistral AI, valuing the French startup at approximately 6 billion dollars with a 640 million dollar injection. The transaction includes a partnership to optimize Mistral’s models on Nvidia’s specialized hardware. This investment is a critical part of Nvidia’s strategy to foster the global AI ecosystem.