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138 ASML reportedly becomes French AI unicorn Mistral’s top shareholder after €1.3B investment

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Vigneshwar Ravichandran @ Silicon Canals · today 03:14 EDT

ASML reportedly becomes French AI unicorn Mistral’s top shareholder after €1.3B investment

Veldhoven-based ASML Holding, a manufacturer of chip-making equipment, is set to invest €1.3B in the Paris-based AI company Mistral, becoming a top shareholder.  This announcement follows reports that the French company has reportedly completing €2B funding round, at a valuation of $14B. With this investment, ASML aims to strengthen European tech sovereignty, reports Reuters.  As ... Read more

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