Find XO: Samsung Electronics Leads Investment in Mistral and Co-Develops In-House AI Model (mistral.ai)
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- Mistral raised 30 billion euros in its Series D round, pushing its valuation beyond 210 billion euros, led by Samsung Electronics.
- The Series C round 1 year ago was led by ASML, placing the companies aiming to embed the models within their processes at the forefront for two consecutive rounds.
- Samsung Electronics' DS division is also building an in-house model based on Mistral's large model.
- The valuation is interpreted as reflecting the deployment method running inside the customer's premises rather than the performance.