- ASML invests 1.3 billion euros in the French Startup Mistral AI, ensuring a 11 percent participation
- The Association will apply the operations of the AI AI to ASML development system
- Mistral ai wins funds and a European partner as the valuation increases to € 11.7 billion
ASML Holding NV has signed a strategic association with the French Startup Mistral AI, which seeks to combine its chipas experience with Mistral Artificial Intelligence models.
The measure is one of the largest collaborations between the semiconductor sector and a European AI company.
ASML, based in Veldhoven in the Netherlands, is the only world supplier of extreme ultraviolet lithography machines, critic to produce the most advanced chips. Leading semiconductor companies use their equipment to manufacture smartphone processors, data centers and AI accelerators.
€ 1.3 billion of funds
Although ASML occasionally invests in suppliers, it rarely takes direct bets in new companies.
Mistral AI, founded in 2023 and based in Paris, develops LLMS and open source AI tools. It looks like the European alternative to the dear ones of the United States.
As part of the agreement, ASML will invest 1,300 million euros ($ 1.5 billion) in the Mistral series C financing round, leading the increase and ensuring a 11 percent participation on a completely diluted basis.
The round will bring the assessment of Mistral to € 11.7 billion ($ 12.6 billion).
The Association aims to apply AI models in ASML research, development and operations.
Collaboration could improve the performance of ASML lithography systems and help chips manufacturers to bring products to the faster market.
“The collaboration between the Mistral and the ASML aims to generate clear benefits for ASML customers through innovative products and solutions enabled by AI, and will offer potential for joint research to address future opportunities,” said the president and executive director of ASML, Christophe Fouquet.
“We believe that this strategic association with the Mistral AI, which goes beyond a traditional supplier-client relationship, is the best way to capture this significant opportunity. We also believe that this collaboration is a value that improves the district.”
Arthur Mensch, co -founder and executive director of Mistral AI, agreed, saying: “We are proud to participate in this long -term association with ASML, combining our border experience of AI with the unmatched industrial leadership of ASML and most sophisticated engineering capabilities. We believe that this association will strengthen the proposal of the AI disal, the position and value in the market. AI market, the AI capacities, we will access the technology technology.
