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Wayne Williams

ASML invests $1.5 billion in OpenAI’s European rival Mistral AI to accelerate future chip design

ASML Mistral AI Mistral OpenAI Microsoft
ASML High NA EUV.
  • ASML invests €1.3 billion in French startup Mistral AI, securing an 11 percent stake
  • Partnership will apply AI to ASML’s research development and lithography system operations
  • Mistral AI gains funding and a European partner as valuation rises to €11.7 billion

ASML Holding NV has signed a strategic partnership with French startup Mistral AI, looking to combine its chipmaking expertise with Mistral’s artificial intelligence models.

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