Tuesday, 31 March, 2026
ASML’s €1.3B Bet on Mistral AI Boosts Europe’s Tech Unity and Ambitions
By Isha
ASML has invested €1.3 billion in French AI startup Mistral AI during its €1.7 billion Series C round, making ASML the top shareholder with an ~11% stake. The deal values Mistral at around €11.7 billion. Strategic integration of AI into ASML’s semiconductor tools signals a push toward deeper European tech collaboration to rival U.S. and Chinese dominance, while advocating for unified capital markets in the EU.
Read full story at Economic Times