ASML becomes main shareholder in Mistral AI after 1.3B euro deal: why?
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ASML becomes main shareholder in Mistral AI after 1.3B euro deal: why?
"ASML is reportedly becoming the main shareholder of French AI company Mistral AI through a €1.3 billion investment in the new €1.7 billion financing round. The new valuation of €10 billion makes Mistral the most valuable AI company in Europe. ASML's €1.3 billion should help Mistral as a European AI player in a battle dominated by American parties. Only China's DeepSeek has managed to break the hegemony of OpenAI, Google, Anthropic, and Meta."
"The deal connects two European technology leaders, however different they may be. ASML manufactures lithography machines that are crucial for advanced chip production. According to Reuters, the company can benefit from Mistral's AI capabilities for data analysis and product improvement. These go beyond language models alone: the French AI specialist also focuses on OCR (optical character recognition), which could potentially be translated into the recognition of deviations on ASML's production line, where deviations in nanometers are often too large."
ASML is becoming the main shareholder of Mistral AI after investing €1.3 billion in a €1.7 billion financing round that values Mistral at €10 billion. The investment makes Mistral the most valuable AI company in Europe and gives ASML a majority stake and a board seat. The partnership links European leaders in lithography equipment and AI, with potential synergies in data analysis, product improvement, and OCR-driven detection of nanometer-scale production deviations. ASML supplies EUV lithography systems essential for advanced processors. Mistral, founded in 2023 by ex-DeepMind and Meta researchers, focuses on open-source models but has not yet delivered a major breakthrough.
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