FT: Samsung in Talks to Invest Hundreds of Millions of Euros in Mistral

Samsung is discussing a plan to invest hundreds of millions of euros in Mistral AI, a prominent French artificial intelligence startup, the Financial Times reported on the 22nd (local time) citing multiple sources.

According to the sources, Samsung's potential participation is part of an investment round in which Mistral aims to raise several billion euros, targeting a valuation of 20 billion euros (approximately 34 trillion won).

One source reported that Samsung could invest about 1 billion euros (approximately 1.7 trillion won).

Samsung is also known to have previously invested in Mistral through its venture investment arm.

The Financial Times added that Mistral raised 1.7 billion euros through an investment round in September of last year, with the majority of that funding coming from ASML, a Dutch semiconductor equipment manufacturer that uses Mistral's AI models.

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