Samsung Is Looking To Buy Paris AI Startups

Samsung has huge plans for AI. It recently announced it aims to have its entire range of electronic products fitted with AI by 2020.

Overall, the firm has invested more than $200 million in 75 startups through its various investment offices.

The company is opening AI centres throughout the world at an exponential rate,however the Paris centre is smaller than centres based in Toronto or London with 30 AI experts working in research and development .This has lead to Samsung seeking to work with local partners to help advance its AI ambitions.

Sohn Young-kwon, Chief Strategy Officer of Samsung, will visit the Paris office in May to review its plans and meet Paris AI startups that could be up for potential acquisition.

“Companies that could create synergies with Samsung’s AI lab are being identified for possible M&As,” local news outlet Maeil Business News reported.

Companies that could create synergies with Samsung’s AI lab are being identified for possible mergers and acquisitions
— local news outlet Maeil Business News reported

Some of the ways Samsung is using AI in its new televisions: