Get the latest tech news

ASML becomes main shareholder in Mistral AI after 1.3B euro deal


Update September 9: It's now official. ASML is acquiring an 11 percent stake in Mistral AI for €1.3 billion. Original article (September 8): ASML is

According to sources at Reuters, the Dutch company will acquire a majority stake and a seat on the board of the French AI developer. As the sole supplier of extreme ultraviolet (EUV) lithography machines, ASML is a crucial player for chip manufacturers such as TSMC and Intel. ASML is the figurehead of high-tech in both the Netherlands and Europe, while Mistral, with no real peers, is the largest AI player on the continent.

Get the Android app

Or read this on r/technology

Read more on:

Photo of Mistral AI

Mistral AI

Photo of asml

asml

Photo of 1.3B euro deal

1.3B euro deal

Related news:

News photo

ASML Invests €1.3 Billion in Europe’s AI Champion Mistral

News photo

What is Mistral AI? Everything to know about the OpenAI competitor

News photo

Total recall: Mistral AI's Le Chat can now remember your conversations