Mistral raises €3bn in funding round

Mistral AI raises €3bn at a valuation of more than €21bn. The fund-raising round is among Europe’s largest ever. CEO Arthur Mensch tells CNBC that the move will accelerate future growth. Oil prices are at a six-week high with Brent crude nearing the $100-mark. Market sentiment reacts with the chances of central bank tightening looming. Chinese exports in August grow by 25 per cent while Canada’s counter-tariffs against the U.S. take hold.

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