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AI firm Mistral valued at $14 billion as chip giant ASML takes major stake

cnbc.com Ruxandra Iordache 2025-10-05 22:46:11

Nvidia -backed Mistral AI clinched a 11.7 billion-euro ($13.8 billion) valuation in a in a Series C funding round that saw Dutch chip equipment maker ASML secure a major stake in the French firm. ASML pumped 1.3 billion euros in Mistral AI's 1.7 billion-euro funding round as lead investor, gaining a 11% shareholding in the French company on a fully diluted basis. Other participants in the round included existing investors Nvidia, DST Global, Andreessen Horowitz, Bpifrance, General Catalyst, In

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ASML, Mistral AI enter strategic partnership

news.ycombinator.com Unknown 2025-10-05 22:10:15

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

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Mistral, the French AI giant, is reportedly on the cusp of securing a $14B valuation

techcrunch.com Connie Loizos 2025-10-12 21:13:51

In Brief French AI startup Mistral AI is finalizing a €2 billion investment at a post-money valuation of $14 billion, reports Bloomberg, positioning the company as one of Europe’s most valuable tech startups. The two-year-old OpenAI rival, founded by former DeepMind and Meta researchers, develops open source language models and Le Chat, its AI chatbot built for European audiences. Mistral isn’t commenting on the report, but the round would represent Mistral’s first major raise since June 2024,

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How much pollution does AI create? Mistral breaks it down

techspot.com Alfonso Maruccia 2025-12-21 17:55:00

What just happened? Mistral AI, a Paris-based venture focused on developing open-weight, open-source large language models, is now contributing to the AI discourse with a comprehensive lifecycle analysis of one of its models – guided by the same principles of openness that define its work. Mistral recently published an analysis of the environmental impact of one of its large language models. As chatbots and other AI-powered technologies become increasingly embedded in the global economy, Mistra

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Mistral’s new “environmental audit” shows how much AI is hurting the planet

arstechnica.com Unknown 2025-12-24 08:11:50

Despite concerns over the environmental impacts of AI models, it's surprisingly hard to find precise, reliable data on the CO 2 emissions and water use for many major large language models. French model-maker Mistral is seeking to fix that this week, releasing details from what it calls a first-of-its-kind environmental audit "to quantify the environmental impacts of our LLMs." The results, which are broadly in line with estimates from previous scholarly work, suggest the environmental harm of

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

techcrunch.com Anna Heim 2026-01-06 12:43:18

Mistral AI, the French company behind AI assistant Le Chat and several foundational models, is officially regarded as one of France’s most promising tech startups and is arguably the only European company that could compete with OpenAI. But compared to its $6 billion valuation, its global market share is still relatively low. However, the recent launch of its chat assistant on mobile app stores was met with some hype, particularly in its home country. “Go and download Le Chat, which is made by

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Mistral’s Le Chat chatbot gets a productivity push with new ‘deep research’ mode

techcrunch.com Rebecca Bellan 2026-01-10 03:21:38

French AI lab Mistral introduced a range of new features to its Le Chat chatbot on Thursday that bring it closer to the capabilities of rivals like OpenAI and Google. The new update includes a new “deep research” mode, native multilingual reasoning, and advanced image editing. The news comes a couple of days after Mistral released Voxtral, its first open source AI audio model that’s capable of reasoning in multiple languages, transcription, and more. Voxtral is also available via Le Chat. Mist

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Mistral’s Voxtral goes beyond transcription with summarization, speech-triggered functions

venturebeat.com Emilia David 2026-01-14 03:34:49

Want smarter insights in your inbox? Sign up for our weekly newsletters to get only what matters to enterprise AI, data, and security leaders. Subscribe Now Mistral released an open-sourced voice model today that could rival paid voice AI, such as those from ElevenLabs and Hume AI, which the company said bridges the gap between proprietary speech recognition models and the more open, yet error-prone versions. Voxtral, which Mistral will release under an Apache 2.0 license, is available in a 24

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Mistral releases Voxtral, its first open source AI audio model

techcrunch.com Rebecca Bellan 2026-01-15 17:14:44

As AI systems become more capable, speech is fast becoming the default way we communicate with machines. French AI startup Mistral has jumped into the audio race with its first open model, aiming to challenge the dominance of walled-off corporate systems with open-weight alternatives. On Tuesday, Mistral announced the release of Voxtral, its first family of audio models aimed at businesses. The company is pitching Voxtral as the first open model that’s capable of deploying “truly usable speech

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Mistral is reportedly in talks to raise $1B

techcrunch.com Rebecca Bellan 2026-01-27 18:11:47

In Brief French AI startup Mistral is in talks to raise up to $1 billion in equity from investors including Abu Dhabi’s MGX fund, reports Bloomberg, citing people familiar with the matter. Mistral is also talking to French lenders like Bpifrance SACA to raise hundreds of millions of euros in debt, per Bloomberg. TechCrunch has reached out to Mistral for comment. Mistral, makers of the Le Chat chatbot, is one of the most significant players in the European AI landscape with a focus on open-wei

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Mistral just updated its open source Small model from 3.1 to 3.2: here’s why

venturebeat.com Carl Franzen 2026-03-01 02:51:45

Join the event trusted by enterprise leaders for nearly two decades. VB Transform brings together the people building real enterprise AI strategy. Learn more French AI darling Mistral is keeping the new releases coming this summer. Just days after announcing its own domestic AI-optimized cloud service Mistral Compute, the well-funded company has released an update to its 24B parameter open source model Mistral Small, jumping from a 3.1 release to 3.2-24B Instruct-2506. The new version builds

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Microsoft-backed Mistral launches European AI cloud to compete with AWS and Azure

venturebeat.com Michael Nuñez 2026-03-18 01:51:22

Join the event trusted by enterprise leaders for nearly two decades. VB Transform brings together the people building real enterprise AI strategy. Learn more Mistral AI, the French artificial intelligence startup, announced Wednesday a sweeping expansion into AI infrastructure that positions the company as Europe’s answer to American cloud computing giants, while simultaneously unveiling new reasoning models that rival OpenAI’s most advanced systems. The Paris-based company revealed Mistral Co

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Mistral's new AI model specializes in Arabic and related languages

zdnet.com Matene Toure 2025-11-11 12:37:37

chrispecoraro/Getty Images Paris-based AI startup Mistral is focusing on providing large language models (LLMs) that understand regional-specific languages and are tailored to grasp the cultural nuances sometimes overlooked in larger, more general-purpose models trained to be versed in multiple languages. Mistral has released its first "specialized" regional language-focused model, Saba. According to Mistral, the 24-billion-parameter model has been trained on "meticulously curated datasets" fr

Topics: arabic languages mistral model saba

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Latest Tech News

AI firm Mistral valued at $14 billion as chip giant ASML takes major stake

ASML, Mistral AI enter strategic partnership

Mistral, the French AI giant, is reportedly on the cusp of securing a $14B valuation

How much pollution does AI create? Mistral breaks it down

Mistral’s new “environmental audit” shows how much AI is hurting the planet

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

Mistral’s Le Chat chatbot gets a productivity push with new ‘deep research’ mode

Mistral’s Voxtral goes beyond transcription with summarization, speech-triggered functions

Mistral releases Voxtral, its first open source AI audio model

Mistral is reportedly in talks to raise $1B

Mistral just updated its open source Small model from 3.1 to 3.2: here’s why

Microsoft-backed Mistral launches European AI cloud to compete with AWS and Azure

Mistral's new AI model specializes in Arabic and related languages

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