Woofun AI reports that Samsung is in discussions to participate in a new funding round for artificial intelligence startup Mistral, with the transaction potentially valuing the French firm at €20 billion. An insider indicated that Samsung, which previously supported Mistral through its venture capital arm, is considering an investment of approximately €1 billion. This move aligns with a broader industry trend where AI developers seek partnerships with semiconductor suppliers to address significant gaps between computing power demand and supply.

Following recent restrictions by the Trump administration on foreign access to Anthropic’s Mythos and Fable models, interest from European and Asian entities in non-US dominated AI alternatives has increased. Mistral has focused on developing open-source models that allow customers to customize and control usage, ensuring that no single company or government can disable access.