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SophiaJones
SophiaJones
July 22, 2026

Samsung Electronics is in talks to invest hundreds of millions of euros in French AI startup Mistral, with a potential 1 billion euro deal that could value Mistral at around 20 billion euros. The investment aims to help Mistral develop open-source AI models and compete with US tech giants, amid rising demand for computing power and chip shortages. Mistral also seeks funding from EQT's Scaleup Europe Fund and is expanding collaboration with Microsoft.

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