Samsung in talks to invest over $1 billion in Mistral: Report

Samsung is in talks to invest about €1 billion ($1.14 billion) in AI startup Mistral in a funding round that could value the firm at about €20 billion ($22.82 billion), Financial Times reported. The report further added that Swedish investor EQT's Scaleup Europe Fund is also in talks to back the funding round. Microsoft also announced investment in Mistral's compute.