French AI scene toasts $200M for Holistic as Sonio sale shows risks of success

France’s budding AI scene has received another boost from a big investment in the startup Holistic. Amid the celebrations, however, the sale of medtech firm Sonio has added a warning about the dangers of success. The Holistic funding was revealed by Bloomberg on Tuesday. The Paris-based firm has reportedly raised $200mn (€186mn) in a round that values the company at $370mn (€344mn). Holistic has big plans for the cash. According to Bloomberg, the startup wants to build “multi-agent” models that will enable interactions between different AI systems and “genuine AGI capabilities.” Holistic also boasts an eye-catching leadership team. It includes four…

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