France’s Mistral AI has acquired Emmi AI, a start-up based in Austria, for an undisclosed sum as the Paris-based firm expands into industrial applications.
Emmi was founded in 2024 and last year completed Austria’s largest-ever seed round of €15 million (£13m) for its applied systems for helping manufacturing firms streamline engineering workflows and product design cycles.
Image credit: ASML
Applied AI
Emmi’s models have specialised abilities in handling complex physics, such as airflow, heat transfer and material stress, the company says.
