The €1.3b investment this week by Dutch tech company ASML in the French AI start-up Mistral brings the backing of a manufacturer of highly complex industrial equipment, known for its $400m extreme ultraviolet lithography machines used to make state-of-the-art semiconductors.
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Mistral is stirring up a storm in European tech
“We are not AI experts. We are lithography experts. We wanted to work with a partner that could really help us accelerate AI in ASML.”
