ReferIndia News Mistral AI's Meteoric Rise: Europe's AI Powerhouse

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Mistral AI's Meteoric Rise: Europe's AI Powerhouse

Published on: Sept. 9, 2025, 12:19 p.m. | Source: Devdiscourse

French AI startup Mistral AI has secured €1.7 billion in funding, spearheaded by Dutch chip equipment maker ASML, establishing Mistral as Europe's top AI company. The partnership aims to elevate Europe's AI competitiveness against U.S. giants like OpenAI. ASML becomes Mistral's main shareholder, furthering Franco-Dutch tech synergies.

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