Samsung Reportedly Eyes Up to €1 Billion Stake in French AI Startup Mistral

According to foreign media reports, Samsung Electronics is in advanced discussions to invest up to €1 billion in Mistral AI, the French artificial intelligence startup, as part of a massive funding round that could value the European challenger at roughly €20 billion. The US export controls on Anthropic have sparked a wave of interest in "sovereign AI" capacity. From its inception, Mistral has focused on "open" AI models that can be customised and controlled by customers, meaning no company or government can switch them off.