ASML's $1.5 Billion Investment Propels Mistral AI to $14 Billion Valuation
TL;DR Summary
ASML, a Dutch semiconductor equipment maker, is investing $1.5 billion in the French AI startup Mistral, valuing it at $13.8 billion, to strengthen Europe's position in AI and semiconductor technology amid geopolitical and competitive pressures.
- ASML to Invest $1.5 Billion in Mistral, the French A.I. Start-Up The New York Times
- Mistral AI Doubles Valuation to $14 Billion With ASML Investment The Wall Street Journal
- Exclusive: ASML becomes Mistral AI’s top shareholder after leading latest funding round, sources say Reuters
- AI firm Mistral valued at $14 billion as chip giant ASML takes major stake CNBC
- What is Mistral AI? Everything to know about the OpenAI competitor TechCrunch
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