Mistral is reportedly in talks to raise $1 billion in a new funding round, aiming to expand its operations and enhance its artificial intelligence capabilities. This potential investment reflects growing interest and confidence in the AI sector.
Figma's CEO Dylan Field is set to cash out approximately $60 million from the company's IPO, which is supported by major investors including Index Ventures, Kleiner Perkins, Greylock, and Sequoia, all of whom are also selling shares during the offering. The IPO marks a significant milestone for Figma as it continues to grow in the competitive design software market.