
Paris-based Mistral AI has achieved Europe’s largest fundraising round in artificial intelligence to date, securing €1.7 billion and bringing Dutch semiconductor giant ASML on board as a strategic partner in a deal seen as bolstering Europe’s drive for technological sovereignty.
France’s homegrown artificial intelligence champion Mistral has cemented its place among Europe’s tech leaders, announcing on Tuesday that it has raised €1.7 billion in fresh capital – a record for a French start-up.