Samsung in talks to invest in Mistral at €20bn valuation
South Korean giant could invest as much as €1bn in French AI group seeking to be a leading alternative to US tech
Samsung is considering a significant investment of up to €1 billion in the French artificial intelligence company Mistral. This move aims to position Mistral as a leading alternative to existing U.S. tech companies in the AI sector. The potential deal values Mistral at €20 billion.
- Samsung is in discussions to invest up to €1 billion in Mistral.
- Mistral is a French artificial intelligence group.
- The company aims to be a leading alternative to U.S. tech companies.
- The potential investment values Mistral at €20 billion.
Continue reading https://www.ft.com/content/67a5d255-c6e9-4269-b8a0-3105db69c1ec
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