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Radio France Internationale
Radio France Internationale
National
RFI

Mistral and ASML forge €1.7bn alliance to shape Europe’s AI future

French developer Mistral AI has €1.7 billion as Dutch tech group ASML becomes its top shareholder © wikimedia commons

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.

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