Mistral AI raises €1.7B to accelerate technological progress with AI
a day ago
- #Semiconductor Industry
- #AI Funding
- #Strategic Partnerships
- Mistral AI raises €1.7B in Series C funding at an €11.7B valuation.
- Funding led by ASML Holding NV, with participation from DST Global, Andreessen Horowitz, Bpifrance, General Catalyst, Index Ventures, Lightspeed, and NVIDIA.
- Strategic partnership with ASML aims to develop AI-driven solutions for semiconductor industry challenges.
- Mistral AI focuses on decentralized frontier AI solutions for complex industrial and engineering problems.
- Funding reaffirms Mistral AI's independence and commitment to advancing AI research.