September 9, 2025:
Mistral AI Raises $2B, Rockets to $14B Valuation - Mistral AI has secured $2 billion in a Series C funding round led by ASML, bringing its valuation to nearly $14 billion. Key investors include Nvidia, DST Global, and Andreessen Horowitz. Mistral is known for its advanced AI models like Le Chat and Mistral Medium 3, positioning itself against major US AI firms.
The partnership with ASML aims to enhance AI and semiconductor capabilities. ASML CFO Roger Dassen joins Mistral's strategic committee. CEO Arthur Mensch emphasizes the collaboration's potential to tackle engineering challenges across the AI and semiconductor sectors.
