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

FILE PHOTO: Samsung Electronics logo is seen in Seoul
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: Advertisements for Mistral AI, the French artificial intelligence company, are displayed inside the Grand Central subway station in New York City
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)

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