French AI company Mistral raised €1.7 billion in funding. Dutch chipmaker ASML invested €1.3 billion for an 11% stake. The deal values Mistral at €11.7 billion. Mistral makes AI models for text, images, and code. It has offices in Paris, London, New York, and other cities. The company now has over 350 employees. Mistral's key product is Le Chat, an AI chatbot. The funding helps Mistral compete with larger US and Chinese AI firms. To use Le Chat, visit Mistral's website and create an account. (Updated 9 Sep 2025, 15:02 IST; source: link)
Key Points
- French AI company Mistral raised €1.7 billion in funding
- Dutch chipmaker ASML invested €1.3 billion for an 11% stake
- The deal values Mistral at €11.7 billion