Samsung Electronics in talks to invest hundreds of millions of euros in French AI startup Mistral

1. 1The Financial Times, citing sources, reported that Samsung Electronics is in talks to invest hundreds of millions of euros in French AI startup Mistral.
2. 2The round values Mistral at roughly 20 billion euros ($22.81 billion), with Samsung Electronics reportedly set to invest around 1 billion euros.
3. 3Swedish investment firm EQT's Scale-Up Europe fund is also in discussions to join the round, and Microsoft signed a deal the previous day to pour billions of dollars into Mistral's European computing infrastructure.

Source Reuters · View original ↗

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