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AI News from ET - ASML becomes Mistral AI's top shareholder after leading latest funding round

Vishwadeep Khatri
in AI News & Two Lenses

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ASML is set to become the largest shareholder in French AI startup Mistral AI by investing €1.3 billion in its €1.7 billion fundraising round. This move aims to boost European tech independence, with Mistral valued at €10 billion, competing against US giants like OpenAI and Google.

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