French AI company Mistral hits $24 billion valuation in funding round - reuters.com

French AI company Mistral has reached a valuation of $24 billion following a funding round. Additionally, reports indicate that Samsung is in discussions to invest hundreds of millions of euros into Mistral AI. This potential fundraising round, which could value the company at approximately €20 billion, also involves EQT's Scaleup Europe Fund. While the Samsung-led transaction remains an ongoing process, such an investment would highlight the sustained interest of major technology firms in European AI developers.