Samsung is reported to be in talks to invest in French artificial intelligence startup Mistral, according to the Financial Times and multiple outlets citing the report. The discussions involve an investment that could be as large as about €1 billion. The funding talks are tied to a potential fundraising round that would value Mistral at roughly €20 billion. Sources familiar with the discussions are cited as indicating the deal terms are still under discussion and could change.
The reported investment is described as part of Mistral’s efforts to position itself as an important alternative to major US-based AI companies. Coverage frames Samsung’s possible backing as a strategic bet on a European AI firm. While the reports align on the reported valuation level and the approximate size of Samsung’s potential investment, they do not provide details on the ownership stake, timing, or final structure of the transaction.
The reports emphasize that the talks are ongoing and subject to confirmation and agreement between the parties.