ASML announced a strategic investment of 1.3 billion euros ($1.5 billion) in French artificial intelligence startup Mistral AI, becoming its main shareholder with an approximate 11% stake. This investment was part of Mistral's latest funding round, totaling 1.7 billion euros.
The partnership aims to integrate Mistral's AI models across ASML's product portfolio, research and development, and operations. This collaboration is designed to accelerate innovation in the semiconductor and AI value chain, delivering faster time-to-market and higher-performance holistic lithography systems for ASML's customers.
This move positions ASML to leverage AI capabilities to enhance its core business, reinforcing Europe's ambitions in the AI sector and strengthening its technological sovereignty against global rivals. Mistral AI, founded by former Google DeepMind and Meta Platforms researchers, is now valued at 11.7 billion euros pre-money.
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