Samsung in talks for up to €1B stake in Mistral

Samsung is reportedly in talks to invest up to one billion euros in French AI startup Mistral. The deal would value Mistral at around 20 billion euros.

Why it matters: This follows Microsoft's recent deal to expand GPU capacity for Mistral in Europe, underscoring how Mistral has become a focal point for both cloud/compute partners and hardware makers seeking a stake in Europe's leading sovereign AI lab. A Samsung investment also raises the possibility of deeper hardware integration, such as Mistral models built into Samsung devices.