Samsung in talks to invest in Mistral at 20 billion euro valuation, FT reports

An advertisement for Mistral AI, the French artificial intelligence company, is displayed inside the Grand Central subway station in New York City, U.S.

Samsung Electronics logo is seen in SeoulThe logo of Samsung Electronics is seen at the technology company’s store in Seoul, South Korea.

July 22 (Reuters) – South Korea’s Samsung (005930.KS), ​is in talks ‌to invest hundreds of ​millions of ​euros in the ⁠AI start-up ​Mistral, as ​part of a fundraising round that ​could ​value the group at ‌roughly €20 ⁠billion($22.81 billion), Financial Times reported on ​Wednesday, ​citing ⁠sources.
Reuters could not ​immediately verify ​the ⁠report.
($1 = 0.8767 euros)

Reporting by ⁠Preetika ​Parashuraman ​in Bengaluru; Editing ​by Janane Venkatraman.

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