| Mobile Web

Search results for Salesforce Ventures

AI & Enterprise

Mistral raises 3 billion euros led by Samsung Electronics

French AI company Mistral said on Tuesday it raised 3 billion euros in a Series D funding round led by Samsung Electronics. The investment valued Mistral at more than 21 billion euros. EQT’s Scaleup Europe Fund and existing investor PSG Equity joined as co-lead investors. Advent, BlackRock-managed funds and accounts, and the Grand Duchy of Luxembourg joined as new investors. Mistral plans to use the funds for AI R&D, computing infrastructure, product development and global expansion.

AI & Enterprise

Nvidia pursues Hugging Face acquisition for 18 trillion won

Nvidia has agreed to buy open-source AI platform Hugging Face for about $12.9 billion, media reports said. Neither company has issued an official statement. If confirmed, it would be Nvidia\'s biggest merger and acquisition deal in nearly eight years. Hugging Face is seen as a key platform in the open-source AI ecosystem, with 13 million users and more than 2 million public models as of 2025, according to its own report.

AI & Enterprise

Hugging Face explores sale at $13 billion-plus valuation

Hugging Face, an AI developer platform, is exploring a possible sale at a valuation of at least $13 billion, Business Insider reported. It is working with an investment bank to gauge interest, but no deal has been reached. The talks highlight rising valuations for platforms that distribute and enable AI models. PitchBook put its 2023 valuation at $4.5 billion. Investors include Lux Capital, Addition and Salesforce Ventures.