ASML invests €1.3B in Mistral AI and takes a board seat

ASML

ASML led Mistral AI's Series C with a €1.3 billion investment, securing a board seat and making ASML a major shareholder. The investment raised Mistral's valuation to €10 billion, the highest for any European AI company. ASML and Mistral signed a long-term agreement to use Mistral's AI models across ASML's products, R&D and operations.

• ASML invested €1.3 billion, leading Mistral's €1.7 billion Series C funding.
• ASML holds approximately 11% on a fully diluted basis and took a board seat.
• Mistral AI valuation reached €10 billion, highest for a European AI company.
• Long-term partnership to integrate Mistral models into ASML's lithography systems and operations.