1 View gallery <\/p>\n
![\"\u05de\u05d9\u05d9\u05e1\u05d3](\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2025\/09\/SJYsHrcK6_0_0_2960_1968_0_x-large.jpg\" "\\"Mistral")
<\/a><\/p>\n
Mistral CEO Arthur Mensch. <\/p>\n
(Photo: REUTERS\/Toby Melville\/Pool\/File Photo)<\/p>\n
The Series C round will value Mistral at 10 billion euros ($11.7 billion) before new money, making it Europe\u2019s most valuable AI company, according to the sources.<\/p>\n
ASML declined to comment. Mistral did not respond to a Reuters request for comment.<\/p>\n
Often described as France\u2019s answer to OpenAI, Mistral has been championed as a key player in Europe\u2019s push to build homegrown AI models and reduce reliance on U.S. and Chinese technologies.<\/p>\n
A stake in Mistral would bring together two of Europe\u2019s most prominent technology players, while ASML\u2019s cash injection could support efforts to expand Mistral\u2019s capabilities and strengthen Europe\u2019s AI ecosystem.<\/p>\n
ASML, the sole supplier of extreme ultraviolet (EUV) lithography machines used by leading chipmakers such as Taiwan Semiconductor Manufacturing Co and Intel, already deploys AI to optimize its tools. The company could benefit from Mistral\u2019s expertise in data analytics and AI to improve performance and develop new products, the sources added.<\/p>\n
EUV machines, which cost around $180 million each, are essential for producing the world\u2019s most advanced semiconductors.<\/p>\n
Mistral, backed by Nvidia, was valued at more than $6 billion in its Series B round last year. The Financial Times reported earlier this month that the startup was in talks with investors including MGX to raise $1 billion at a $10 billion valuation. Bloomberg News later said the company was seeking a valuation of $14 billion.<\/p>\n
Founded in 2023 by Arthur Mensch, a former DeepMind researcher, along with ex-Meta researchers Timoth\u00e9e Lacroix and Guillaume Lample, Mistral has quickly emerged as one of Europe\u2019s most high-profile AI firms.<\/p>\n
Bank of America is advising ASML on the investment, according to the sources. Bank of America declined to comment.<\/p>\n","protected":false},"excerpt":{"rendered":"ASML, the Dutch supplier of advanced chipmaking equipment, is poised to become the largest shareholder in French artificial…\n","protected":false},"author":2,"featured_media":1554,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[345,343,344,85,46,125],"class_list":["post-1553","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-il","tag-israel","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/1553","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=1553"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/1553\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/1554"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=1553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=1553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=1553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}