Chips Meet Models: Why ASML Wants a Piece of Mistral
ASML will invest €1.3 billion in French startup Mistral AI, acquiring about 11% and becoming its largest shareholder. The deal values Mistral at €11.7 billion, making it Europe’s top AI company. ASML and Mistral will collaborate to integrate AI into chipmaking tools and operations. The move is seen as a step toward greater European tech independence.
