Breakingviews - COMMENTARY: French AI minnow bags surprisingly high valuation ↧ ↧ Breakingviews - COMMENTARY: French AI minnow bags surprisingly high... On most measures, $24 ‌bln Mistral trails Anthropic and OpenAI. The only exception is its valuation, which as a ​multiple of annualised sales seems ​to be in a similar ballpark to ⁠the Americans. The Paris-based outfit may ​be benefiting from its position as ​a geopolitical hedge.