Samsung is reportedly nearing a €1B Mistral bet — what it means for the Anthropic chip race

samsung is in advanced talks to invest up to €1 billion in mistral ai, a deal that would value the paris-based startup at approximately €20 billion. this significant capital increase comes less than a year after mistral's €2 billion valuation and alongside commitments from investors like eqt. the investment supports mistral's aggressive infrastructure scaling, which includes deploying thousands of nvidia vera rubin chips and securing a deeper azure partnership for air-gapped enterprise models. for samsung, this financial stake complements its existing hardware dominance in memory chips and ongoing negotiations with anthropic to manufacture custom ai silicon. this convergence of software investment and hardware manufacturing signals samsung's intent to control the full ai stack, challenging rivals who are currently struggling to integrate end-to-end ai solutions.