Mistral Raises €3 Billion at €21 Billion Valuation — Largest Ever European Tech Funding Round, Led by Samsung
Mistral AI closed a €3 billion Series D at a post-money valuation above €21 billion — the largest equity raise ever by a European tech company — with Samsung Electronics leading, positioning Mistral as the sovereign, open-weight AI alternative.
European Union Begins Enforcement of Landmark AI Act With Strict Compliance Deadlines
The EU AI Act entered its enforcement phase across all 27 member states, imposing transparency, documentation and human oversight obligations on high-risk systems with phased deadlines through 2027.
Runway Opens Paris Office and Announces Creative Partnership with Bertelsmann
Runway opens a Paris office and announces a creative partnership with media conglomerate Bertelsmann, expanding its European presence with a hub focused on AI research and creative tool development.
Runway Opens London HQ, Bringing World Model Research Hub to the UK and Europe
Runway names London its European headquarters and world model research hub, planning a $100 million investment in the UK AI ecosystem over 18 months as it scales research, product, and commercial teams.
SoftBank Pledges €75 Billion to Build Europe's Largest AI Data Centers in France
SoftBank announced a €75 billion investment to develop 5 gigawatts of AI data center capacity across three sites in France, the largest single AI infrastructure commitment in European history.