Mistral AI, a French artificial intelligence startup, is reportedly in discussions to secure up to $1 billion in equity funding. Sources indicate that several investors, including Abu Dhabi's MGX, are participating in the talks. This potential funding round follows Mistral AI's previous capital raising of over €1 billion since its founding in 2023. The new investment would likely be used to further develop Mistral AI's large language models and expand its market presence in the competitive AI landscape.