Finance AI

Mistral AI Raises €1.7 Billion in Round Led by Chipmaker ASML

The strategic investment values the French AI leader at €11.7 billion and establishes a partnership to integrate AI into semiconductor manufacturing equipment.

Olivia Sharp 1 min read 440 views
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French AI developer Mistral AI announced a €1.7 billion funding round on September 9, 2025, led by semiconductor equipment giant ASML, valuing the company at €11.7 billion.

A Strategic Partnership

Paris-based Mistral AI announced on September 9, 2025, that it has raised €1.7 billion in a Series C funding round, bringing its post-money valuation to €11.7 billion. The round was led by ASML Holding NV, a leading manufacturer of semiconductor production equipment. ASML made a strategic investment of €1.3 billion for an approximately 11% stake in the company.

The deal establishes a significant partnership between a critical hardware enabler and a top-tier AI model developer. As part of the agreement, ASML will gain a seat on Mistral AI's strategic committee and will use Mistral's AI models …

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