France's Mistral on Tuesday cemented its position as Europe's top AI hope against far larger US and Chinese competitors after a record fundraising round and a tie-up with chipmaking equipment heavweight ASML.
The 1.7 billion euro ($2 billion) cash infusion values Mistral at 11.7 billion euros, double its heft last year but a fraction of the $183 billion price tag placed on US firm Anthropic this month.
