ASML Invests €1.3 Billion in Europe’s AI Champion Mistral

ASML Holding NV, a Dutch chipmaking equipment company, has announced a €1.3 billion ($1.5 billion) investment in Mistral AI, a prominent French AI startup. This investment is a significant move for ASML, which is better known for its work in the semiconductor industry. The investment is intended to strengthen Europe's AI capabilities and boost the development of advanced AI technologies. Mistral AI is considered one of the leading AI companies in Europe and this investment is seen as a strategic move to support the growth of the European AI ecosystem. The partnership between ASML and Mistral AI is expected to accelerate the development of new AI-powered solutions and further solidify Europe's position in the global AI landscape. The investment will be used to expand Mistral AI's research and development efforts, as well as to support the company's efforts to attract and retain top talent in the field of artificial intelligence.