Mistral AI raises 1.7B€ in Series C funding led by ASML
Mistral raises 1.7B€ to accelerate technological progress with AI
What happened
Mistral AI announced a 1.7B€ Series C funding round at an 11.7B€ post-money valuation, led by ASML with participation from existing investors. The funding will support scientific research and custom decentralized frontier AI solutions for engineering and industrial problems. ASML said the strategic partnership aims to benefit its customers through AI-enabled products and solutions, with potential for joint research.
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