Any source for the valuation number? Article does not mention.
Mistral AI employee: https://x.com/dchaplot/status/1800601722722935153
TechCrunch: https://techcrunch.com/2024/06/11/paris-based-ai-startup-mis...
Wall Street Journal: https://www.wsj.com/tech/ai/french-startup-mistral-ai-raises...
Same reason Cohere has a weirdly-high valuation relative to revenue: it's a national champion.
edit: If you're that curious just call Hemant up and ask him yourself?