Samsung in talks to invest in Mistral at 20 billion euro valuation, FT reports
Reuters··1 min read
FILE PHOTO: The logo of Samsung Electronics is seen at the technology company's store in Seoul, South Korea, April 15, 2025. REUTERS/Kim Hong-Ji/File Photo
July 22 (Reuters) - South Korea's Samsung 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;
July 22 (Reuters) - South Korea's Samsung 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.
FILE PHOTO: An advertisement for Mistral AI, the French artificial intelligence company, is displayed inside the Grand Central subway station in New York City, U.S., May 21, 2026. REUTERS/Shannon Stapleton/File Photo
Reuters could not immediately verify the report.
($1 = 0.8767 euros)
(Reporting by Preetika Parashuraman in Bengaluru; Editing by Janane Venkatraman)