FT Says Samsung Discussing Investment of Up to €1 Billion in Mistral AI
Korea Economic Daily
Summary
- The Financial Times reported that Samsung is in talks to invest in French artificial intelligence startup Mistral AI.
- Sources said Samsung could invest about 1 billion euros in a funding round in which Mistral is seeking to raise several billion euros at a 20 billion-euro valuation.
- The Financial Times said Mistral raised 1.7 billion euros in a funding round in September last year, and that most of the funding came from ASML, which uses Mistral's AI models.
Forecast Trend Report by Period
The Financial Times reported on July 22 that Samsung is in talks to invest in French artificial intelligence startup Mistral AI, citing multiple sources.
Samsung is considering joining a funding round in which Mistral is seeking to raise several billion euros at a 20 billion-euro valuation, the newspaper said. The sources added that Samsung could invest about 1 billion euros.
The Financial Times said Mistral raised 1.7 billion euros in a funding round in September last year. Most of that funding came from Dutch semiconductor equipment maker ASML, which uses Mistral's AI models.
Choi Su-jin, Hankyung.com reporter, naive@hankyung.com
Korea Economic Daily
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