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Asml is investing €1.3 billion in mistral ai and becoming the main shareholder in europe's most valuable ai company.

Asml is committing €1.3b for mistral's €1.7b series c funding round, becoming the top shareholder, and is expected to get a board seat — asml (asml.as), a crucial supplier of advanced chipmaking equipment, is set to become the top shareholder of french artificial … Asml is committing €1.3b for mistral's €1.7b series c funding round, becoming the top shareholder, and is expected to get a board seat Mistral might or might not be a good business in the future but that puts asml subject to the potential ai bubble If they have too much cash at hand, and they wouldn't see any good use to invest on staying ahead in the technological race, it would be better to give back the money to shareholders. Mistral ai has raised a total of $1.2 billion (€1.1 billion) in funding across 4 rounds, with its most recent series b round securing $640 million (€600 million) in june 2024. Mistral ai api are versions with specific release dates

To prevent any disruptions due to model updates and breaking changes, it is recommended to use the dated versions of the mistral ai api.

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