Mistral is stirring up a storm in European tech
ASML deal connects two impressive tech companies but the capital available is a fraction of that in the US
Related reading
Mistral’s revenues soar over $400mn as Europe seeks AI independence
French start-up is riding a growing wave of demand from European businesses for alternatives to US tech
ASML and Mistral agree €1.3bn blockbuster European AI deal
Dutch chip equipment maker backs French artificial intelligence champion as US-China tensions rock tech industry
Mistral targets $10bn valuation in new fundraising push
French AI start-up seeks additional firepower to compete with deep-pocketed US and Chinese rivals
The Big Tech problem for European business
Tensions over regulation add to geopolitical upheaval, dashing hopes of more certainty
Europe’s Mistral benefits from search for artificial intelligence alternatives
Start-up has embarked on expansion of its own infrastructure and secured significant contracts
Mistral unveils new models in race to gain edge in ‘open’ AI
Release of French start-up’s latest system comes amid growing concern that Europe is falling behind US and China