Reported 1 day ago
ASML Holding N.V. has entered into a strategic alliance with French AI firm Mistral AI, aiming to integrate AI models into ASML's products and enhance research and development efforts. The partnership includes a €1.3 billion Series C funding round, granting ASML around 11% ownership in Mistral. This collaboration is expected to improve ASML’s lithography systems and deliver faster market solutions for customers, marking a significant shift towards joint innovation beyond a traditional vendor-client relationship.
Source: YAHOO