{"id":143396,"date":"2025-09-09T06:15:08","date_gmt":"2025-09-09T06:15:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/143396\/"},"modified":"2025-09-09T06:15:08","modified_gmt":"2025-09-09T06:15:08","slug":"ai-firm-mistral-valued-at-14-billion-as-asml-takes-major-stake","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/143396\/","title":{"rendered":"AI firm Mistral valued at $14 billion as ASML takes major stake"},"content":{"rendered":"<p>Mistral AI logo is displayed on a mobile phone screen.<\/p>\n<p>Anadolu | Getty Images<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/quotes\/NVDA\/\" rel=\"nofollow noopener\" target=\"_blank\">Nvidia<\/a>-backed Mistral AI clinched a 11.7 billion-euro ($13.8 billion) valuation in a in a Series C funding round that saw Dutch chip equipment maker <a href=\"https:\/\/www.cnbc.com\/quotes\/ASML-NL\/\" rel=\"nofollow noopener\" target=\"_blank\">ASML<\/a> secure a major stake in the French firm.<\/p>\n<p>ASML pumped 1.3 billion euros in Mistral AI&#8217;s 1.7 billion-euro funding round as lead investor, gaining a 11% shareholding in the French company on a fully diluted basis.<\/p>\n<p>The investment round, which was previously reported by Reuters, more than doubles Mistral&#8217;s 5.8-billion-euro valuation achieved during a 600-million-euro funding round <a href=\"https:\/\/www.cnbc.com\/2024\/06\/12\/mistral-ai-raises-645-million-at-a-6-billion-valuation.html\" rel=\"nofollow noopener\" target=\"_blank\">last year<\/a>, as swathes of cash continue to pour into the booming AI industry. The fundraising round turns ASML into one of Mistral&#8217;s top shareholders.<\/p>\n<p>Mistral, one of Europe&#8217;s most competitive tech startups and widely seen as a regional rival of Sam Altman&#8217;s OpenAI, has been building large language models that form the foundation of AI applications, such as chatbots. AI firms frequently require vast amounts of investments in infrastructure to support this development.<\/p>\n<p>At the start of summer, Mistral CEO Arthur Mensch told CNBC&#8217;s Arjun Kharpal during London Tech Week that the company is launching its first reasoning model \u2014 touted as &#8220;great at mathematics [and] great at coding&#8221; \u2014 to compete with OpenAI and China&#8217;s DeepSeek.<\/p>\n<p>This breaking news story is being updated.<\/p>\n","protected":false},"excerpt":{"rendered":"Mistral AI logo is displayed on a mobile phone screen. Anadolu | Getty Images Nvidia-backed Mistral AI clinched&hellip;\n","protected":false},"author":2,"featured_media":143397,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[182,181,507,13213,5681,122,3487,74],"class_list":{"0":"post-143396","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-asml-holding-nv","12":"tag-breaking-news-technology","13":"tag-business-news","14":"tag-nvidia-corp","15":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/143396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=143396"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/143396\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/143397"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=143396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=143396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=143396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}