Samsung Leads Investment in European AI Leader Mistral, Valuing the Company at $24 Billion
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Author:小编   

Storage chip giant Samsung has led a new round of funding for French AI startup Mistral, raising €3 billion. This round also saw participation from EQT-managed, EU-backed European Scale-Up Fund and existing shareholder PSG Equity. Mistral aims to build Europe's indigenous AI capabilities to compete with the likes of OpenAI and Anthropic. After the funding, the company's post-money valuation exceeded €21 billion.