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Euronews
Eleanor Butler

Chip giant ASML invests €1.3bn in French AI champion Mistral

ASML Mistral Mistral AI OpenAI

ASML has agreed to invest €1.3 billion in France’s Mistral AI as part of a funding round worth €1.7bn, the two firms said on Tuesday, confirming an earlier Reuters report.

The funding values the French start-up at about €11.7bn, more than double the €5.8-bn valuation it achieved last year.

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