Reported about 8 hours ago
French AI startup Mistral AI has successfully raised €1.7 billion in a funding round led by Dutch chip manufacturer ASML, which invested €1.3 billion to become its largest shareholder with an 11% stake. This funding elevates Mistral's valuation to €11.7 billion, positioning it as the leading AI company in Europe and a strong competitor against U.S. tech giants.
Source: YAHOO