Samsung to invest €1 billion in Mistral AI, valuing French start-up at up to €20 billion

Samsung is in talks to invest €1 billion in French AI start-up Mistral AI, a deal that would value the company at up to €20 billion. The move is part of a broader European push to build technological independence and a homegrown AI champion. Competition for AI dominance is increasingly shifting towards access to chips and computing infrastructure.