AI Startup Valuations Hit Warp Speed: €21B in Paris, $60B in New York, and DeepSeek Files for Shanghai IPO

AI startup funding just produced a single-day record of pure velocity: French AI lab Mistral closed a €3 billion Series D at a €21 billion post-money valuation — the largest equity fundraise ever completed by a European technology company, a mere three years after its launch. On the same day, fintech powerhouse Ramp entered early-stage talks to raise roughly $1 billion at a staggering $60 billion valuation, up 36% from the $44 billion it commanded just three...