French startup Mistral AI is investing €1.2 billion ($1.4 billion) to build AI infrastructure in Sweden, as it pushes to become the go-to artificial intelligence supplier for governments and enterprises in Europe.
The Mistral AI website. Photographer: Gabby Jones/Bloomberg
Multiverse Computing SL, a Spanish artificial intelligence software company, is in discussions to raise about €500 million ($595 million) in fresh funding, according to people familiar with the matter.
Uber Technologies Inc. has agreed to buy Turkish company Getir’s delivery operations from its controlling shareholder Mubadala Investment Co. in a deal that will bolster the US company’s position in the Middle East.
Couriers for the food delivery service Getir, operated by Getir Perakende Lojistik AS, wait at a road junction in Barcelona, Spain, on Saturday, Feb. 12, 2022. The Istanbul-based company, which raised $1.1 billion in total through several rounds from investors last year, has grown to become one of the most valuable rapid delivery startups.
Uber Technologies Inc. has agreed to buy Turkish company Getir’s delivery operations from its controlling shareholder Mubadala Investment Co. in a deal that will bolster the US company’s position in the Middle East.
Couriers for the food delivery service Getir, operated by Getir Perakende Lojistik AS, wait at a road junction in Barcelona, Spain, on Saturday, Feb. 12, 2022. The Istanbul-based company, which raised $1.1 billion in total through several rounds from investors last year, has grown to become one of the most valuable rapid delivery startups.
Alan is in talks to raise funds at a €5 billion ($5.9 billion) valuation as the French health-insurance startup works to expand its customer base, people familiar with the matter said.
Claims that Chinese technology for artificial intelligence lags the US are a “fairy tale,” Arthur Mensch, the chief executive officer of Mistral, said.
Mistral AI Founder Arthur Mensch during a Bloomberg Television interview during the World Economic Forum in Davos, Switzerland on Jan. 22. Photographer: Chris J. Ratcliffe/Bloomberg
AI startups are starting 2026 with IPOs and looking to consolidation deals, as capital needs intensify.
Mati Staniszewski, chief executive officer of Eleven Labs Inc., at the Founders Forum Global conference in Great Tew, UK, on Thursday, June 12, 2025. The conference connects founders with influential investors, CEOs, and government officials. Photographer: Chris Ratcliffe/Bloomberg
One of OpenAI’s top executives defended the company’s addition of ads to its popular chatbot ChatGPT as a way to democratize access to artificial intelligence.
Google DeepMind Chief Executive Officer Demis Hassabis said Chinese artificial intelligence companies haven’t been able to innovate beyond the cutting edge of technology and remain about six months behind the frontier AI of the leading western labs.
DeepMind CEO Demis Hassabis during the World Economic Forum in Davos, Switzerland, on Jan. 20.
Yann LeCun’s artificial intelligence startup, AMI Labs, has attracted potential backers including Cathay Innovation in a round that could value the former Meta Platforms Inc. researcher’s business at €3 billion ($3.5 billion), people familiar with the matter said.
Nico Rosberg, a former Formula 1 racing champion, has raised $100 million for his venture capital firm, making it one of the largest technology investors from a former athlete.
Payhawk, a Bulgarian startup that helps companies manage spending, is in early discussions to raise new financing that could double its valuation to around $2 billion, according to people familiar with the matter.
Delivery Hero SE said it’s evaluating options to improve its finances and operations, including changes to its capital structure, after coming under pressure from major shareholders to conduct a strategic review.
The headquarters of Delivery Hero SE in Berlin, Germany, on Sunday, Aug. 21, 2022. Delivery Hero is among the biggest gainers in the Stoxx Europe 600 Index this quarter, up 46% since June 30, as the company takes out some of investors’ most dire concerns one by one. Photographer: Krisztian Bocsi/Bloomberg
Parloa, a German startup developing artificial intelligence for customer service, is looking to raise new funding that would significantly increase its valuation from May, according to people familiar with the matter.
Close-up of woman's hand interacting with AI-powered virtual agent on smartphone and tablet, smart technology on display screen, managing tasks with seamless digital intelligence at home
The cloud-computing startup Fluidstack is in talks to raise roughly $700 million in a funding round that would value the company at $7 billion, according to a person familiar with the situation.
Fiber optic cables, center, and copper Ethernet cables feed into switches inside a communications room at an office in London, UK, on Monday, Oct. 13, 2025. The electricity demand boom, driven by data centers, new manufacturing and overall electrification, has shaken up the energy industry and attracted massive amounts of new investment to the power sector. Photographer: Jason Alden/Bloomberg
Pennylane, a French startup that sells accounting software, is in talks for a potential investment at a $4.25 billion valuation, nearly double what it was valued at in a round just seven months ago, according to people familiar with the matter.