Samsung in talks to invest in Mistral at €20bn valuation

French AI start-up Mistral is seeking to raise several billion euros at a €20bn valuation, with Samsung among the investors in discussions to back the round, the Financial Times reported today.

This comes after Microsoft agreed ⁠to spend billions of dollars on Mistral's computing ​infrastructure in Europe under a deal that will ​also expand distribution of the French AI startup's technology through the U.S. cloud and software giant, the companies said on Tuesday.