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Mistral raises 1.7B€, partners with ASML

We are announcing a Series C funding round of 1.7B€ at a 11.7B€ post-money valuation. This investment fuels our scientific research to keep pushing the frontier of AI to tackle the most critical and sophisticated technological challenges faced by strategic industries. The Series C funding round is led by leading semiconductor equipment manufacturer, ASML Holding NV (ASML). “ASML is proud to enter a strategic partnership with Mistral AI, and to be lead investor in this funding round. The collab

Mistral AI raises 1.7B€, enters strategic partnership with ASML

We are announcing a Series C funding round of 1.7B€ at a 11.7B€ post-money valuation. This investment fuels our scientific research to keep pushing the frontier of AI to tackle the most critical and sophisticated technological challenges faced by strategic industries. The Series C funding round is led by leading semiconductor equipment manufacturer, ASML Holding NV (ASML). “ASML is proud to enter a strategic partnership with Mistral AI, and to be lead investor in this funding round. The collab

ASML, Mistral AI enter strategic partnership

Today, leading semiconductor equipment manufacturer ASML Holding NV (ASML) and France-based AI leader Mistral AI announced a strategic partnership based on a long-term collaboration agreement to explore the use of AI models across ASML’s product portfolio as well as research, development and operations, to benefit ASML customers with faster time to market and higher performance holistic lithography systems. In addition, ASML is investing 1.3 billion EUR in Mistral AI’s Series C funding round as

Mistral AI raises €1.7B to accelerate technological progress with AI

We are announcing a Series C funding round of 1.7B€ at a 11.7B€ post-money valuation. This investment fuels our scientific research to keep pushing the frontier of AI to tackle the most critical and sophisticated technological challenges faced by strategic industries. The Series C funding round is led by leading semiconductor equipment manufacturer, ASML Holding NV (ASML). “ASML is proud to enter a strategic partnership with Mistral AI, and to be lead investor in this funding round. The collab

ASML shares drop 11% after the chip giant says it can't confirm that it will grow in 2026

ASML on Wednesday warned of the possibility of no growth in 2026, even as it beat top and bottom line expectations for the second quarter. ASML's guidance for the current quarter missed expectations while it narrowed its own forecast for the rest of the year. Shares of the firm ended the day 11.4% lower. Like many companies in the semiconductor industry, ASML has been grappling with uncertainty created by U.S. tariff policy. The company forecast third-quarter revenue of between 7.4 billion eu

ASML shares drop 6.5% after the chip giant says it can't confirm that it will grow in 2026

An icon of ASML is displayed on a smartphone, with an ASML chip visible in the background. ASML on Wednesday warned of the possibility of no growth in 2026, even as it beat top and bottom line expectations for the second quarter. ASML's guidance for the current quarter missed expectations while it narrowed its own forecast for the rest of the year. Shares of ASML dropped 6.5% in early trading, shortly after European markets opened. Like many companies in the semiconductor industry, ASML has