ASML Holding NV invests 1.3 billion euros ($ 1.5 billion) with the French company “Mistral AI” in a strategic partnership, in an unknown step by the Dutch Chips Equipment Enterprise to improve the position of the most prominent European onset in the field of artificial intelligence. According to this investment, ASML became the biggest contributor to ‘Mistral’ with an 11%stake, according to a joint statement between the two companies Tuesday. ‘Mistral’, which specializes in the development of artificial intelligence models and conversational robots, explained that the investment is within a 1.7 billion finance round, which almost doubled the company’s evaluation to about 11.7 billion euros, making it one of the most valuable businesses in Europe. This alliance gives the only European competitor to confront the giants of artificial intelligence such as “Openai” in support of one of the largest and most powerful technology companies on the continent. The agreement is seen as an important addition to the movement of technological sovereignty in the European Union, asking the dependence on Silicon Valley Tools, which has increased the strength among US President Donald Trump’s policy against the countries he threatens as US interests. However, the merger of artificial intelligence in the works of “ASML” said the CEO of “Asm” Kristop Fukeh said the main purpose of the agreement is to integrate artificial intelligence technologies within the company’s activities, not the creation of a leading European entity. This investment and partnership with “mistral” will get the company of the “ASML” chips is an opportunity to integrate the obstetric intelligence services that have developed “mistral” into its equipment and operational operations. “We want artificial intelligence to enter all the corners of ASML,” Fukeh said in an interview. The Dutch enterprise is the only product for advanced stone pressure equipment on which semiconductor companies depend on the manufacture of advanced discs used in products such as Apple’s iPhone phones and Apple’s artificial intelligence defendants. ASML has never previously supported a business in artificial intelligence and rarely invests in startups. ‘Mister’ is a European alternative to the Silicon Valley for ‘Mistral’, this agreement is a strong boost in an expensive and competitive market. The company was founded at the beginning of 2023 and introduced itself as an alternative to the leading Silicon Valley companies such as “Opin Ai” and “Google”. Mistral is a basic pillar of French President Emmanuel Macron’s strategy aimed at consolidating France as a strong participant in the field of artificial intelligence. Also read: How does artificial intelligence reformulate the future and change the rules of the game? Arthur Minche, CEO of “Mistral”, said that cooperation with a European company was “like cherries over the cake” in this agreement. He added: “This is a good story for two groundbreaking European companies working together, and we hope that these partnerships will repeat more.” Despite Mistral’s announcement on the conclusion of transactions with major European companies such as BNP Paribas SA and Stelantis NV, it has not yet revealed any major agent in the United States, despite his efforts to enter the US market. The company also has trouble holding its US competitors, such as companies such as “Oben Ai” and “Anthropic” and “Xai” from Elon Miss in collecting much greater financing. The “Obin AI” evaluation was $ 500 billion in the latest secondary sales round, more than 40 times for the value of “Mistral”. Artificial intelligence models that fit companies recently confirmed ‘Mistral’ to emphasize how their open source models can be adapted to meet the needs of companies, giving them greater flexibility compared to competitors. Minche said the partnership with ASML will improve the “mistral” concentration on specific sectors such as manufacturing. Also read: “ASML” expects the slow recovery of the Chips market during 2025, and Fuky explained that “Mistral” technologies will contribute to improving software efficiency and scanning techniques in ASML equipment. He added: “We don’t want to do everything ourselves, but rather to work with the best partners.” And that the company has already studied several other businesses in artificial intelligence as potential partners, but that it did not reveal its names. Before the official announcement, some analysts expressed their surprise at the logic of the agreement. David Day, an analyst at “Bernstein”, said in ‘Nepos on Monday that the’ asml ‘investment in “Mistral” may be in line with the upcoming strategy to support local startups, but expected the direct return on the company’s business “limited”. New shareholders in “mistral”, unlike other companies in the semiconductor industry such as “Intel” and “Intel”, “have remained far from adventurous capital investments. The Dutch Technology Fund and a number of local startups, including the Smart Photonics, supported the Smart Photonics as part of a 100 million Euro financing round. The company usually focuses its investments on its supply chain elements, such as the share in the Carl Zeiss SMT to support the development of laser technologies used in its equipment. Roger Dassen, the financial manager of ASML, is scheduled to join the Mistral board. Minsh said that the three founders and “mistral” employees still make a big contribution. He also participated in the last financing round, along with ‘ASML’, a number of former investors, including ‘Invidia’ and American adventurous capital companies ‘Andresen Horowitz’, ‘General Catalyst’ and ‘DST Global’.
ASML pumps 1.3 billion euros in European mistral for Ai
