Svmuu News: Sources familiar with the matter reveal that Samsung is in talks to participate in a new round of funding for the artificial intelligence startup Mistral, a round that could value Mistral at approximately 20 billion euros. This move would help the French company emerge as a major alternative to U.S. tech giants.One of the sources said that Samsung has previously backed the company through its venture capital arm and may invest approximately 1 billion euros in this new funding round.
These talks reflect a broader trend among AI developers to seek partnerships with semiconductor suppliers in response to an industry where demand for computing power far outstrips supply. Interest among European and Asian companies and governments in alternatives to leading U.S. AI models has been rising since the Donald Trump government last month blocked foreign users from accessing Anthropic’s latest Mythos and Fable models.Since its inception, Mistral has focused on developing open-source AI models that allow customers to customize and control them, meaning no company or government can shut down these models. (Financial Times)