Chip Machine Manufacturer ASML is investing 1.3 Billion euros in the AI Company Mistral. ASML Will Thus Become the Largest Shareholder of the French Start-up, which Specializes in AI.
Through The Investment, ASML Will Gain Approximately 11 percent of Mistral’s Shares. This Allows The Dutch Chip Machine Maker to Exert Influence on the Start-up’s Strategy.
ASML is also entering into a strategic partnership with mistral to explore the possibilities of ai for asml itself. At the end of August, there were Rumors That Apple was also interested in Mistral.
Mistral is Seen as an Opportunity for Europe to Participate in the Ai Market on the World Stage. Earlier Today, Philips CEO Roy Jakobs Warned That Europe Could Be Technological Many Permanently Behind. No Tech Giant Comes from Europe and the most valuable start-ups (the so-called ‘unicorns’) would leave.
The Netherlands and Europe must “firmly commit to a strong position in the semiconductor sector,” outgoing minister Vincent Karremans (Economic Affairs) Wrote on LinkedIn Last Week. Accordance to him, ASML is “the most valuable technology company in Europe.”