ASML, Mistral AI enter strategic partnership
a day ago
- #Strategic Partnership
- #Semiconductor
- #Artificial Intelligence
- ASML and Mistral AI announce a strategic partnership to explore AI applications in ASML's products and operations.
- ASML invests €1.3 billion in Mistral AI's Series C funding, acquiring an 11% stake.
- The collaboration aims to enhance ASML's product performance and speed up time to market for customers.
- ASML gains a seat on Mistral AI's Strategic Committee, influencing future strategy and technology decisions.
- The partnership combines ASML's lithography expertise with Mistral AI's frontier AI capabilities.