Samsung Electronics Co LtdSamsung is in talks to invest ~1 billion euros in Mistral AI's funding round, a capital deployment move.

South Korea's Samsung Electronics is in talks to make a major investment in the latest funding round of French AI startup Mistral AI, the Financial Times reported. The round could value Mistral AI at around 20 billion euros, with Samsung expected to invest roughly 1 billion euros. Swedish investment firm EQT's Scale-Up Europe fund is also in discussions to support the fundraising. Mistral AI supplies products to the French military and has positioned itself as a European alternative to US tech giants, but its valuation remains small compared to US rivals such as Anthropic.
Samsung Electronics Co LtdSamsung is in talks to invest ~1 billion euros in Mistral AI's funding round, a capital deployment move.
Mistral AI is raising a funding round at a ~20 billion euro valuation, with Samsung and EQT as investors.