Samsung in Talks to Invest Up to €1 Billion in French AI Startup Mistral at €20 Billion Valuation

Key Points

• Samsung is in talks to invest hundreds of millions of euros in Mistral, potentially up to €1 billion.
• Mistral’s new funding round targets about €3 billion, aiming for a €20 billion valuation.
• Previous investors include ASML (€1.3 billion cheque) and EQT’s Scaleup Europe fund.
• Mistral has raised €830 million in debt for data‑center expansion and counts Airbus and BMW as customers.
• A multibillion‑dollar Microsoft Azure deal will host Mistral’s models on the cloud platform.
• Samsung’s interest aligns with its memory‑chip business, which benefits from AI-driven demand.
• Both Samsung and Mistral declined to comment on the reported talks.