[ TRANSACTION RECORD ]

Samsung Electronics Investment in Mistral AI France — 2024

VERIFIED VECTOR ID: 002167 · tx-263
M SOURCE NODE — FUNDER
Samsung Electronics
Technology South Korea
$640,000,000
EQUITY
25/03/2024
Q DESTINATION NODE — RECIPIENT
Mistral AI France
Company France
Amount (USD)
$640.0M
Flow Type
EQUITY
Transaction Date
25/03/2024
Primary Source
View Filing ↗
Funder Profile [ M ]
Entity Samsung Electronics
AUM 360000
HQ Location South Korea
Sector Technology
Recipient Profile [ Q ]
Entity Mistral AI France
Entity Type Company
Jurisdiction France
Intelligence Note

Nvidia Corporation led a significant funding round for Mistral AI France, valuing the Paris-based startup at approximately 6 billion dollars with a 640 million dollar injection. This transaction includes a partnership to optimize Mistral’s models on Nvidia’s specialized hardware. This investment is a critical part of Nvidia’s strategy to foster the global AI technology ecosystem.

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Primary Forensic Source https://nvidianews.nvidia.com/news/mistral-ai-and-nvidia-announce-strategic-partnership/
✓ SOURCE LINKED