ASML invests €1.3 billion in Mistral AI as part of strategic semiconductor-AI partnership
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TechTechTech
All dough, no crust. Filling but forgettable.
Summary
ASML Holding NV and Mistral AI have announced a strategic partnership to integrate AI models across ASML's semiconductor equipment portfolio, research, development, and operations. The goal is to accelerate time-to-market and improve performance of ASML's lithography systems. Additionally, ASML is investing €1.3 billion in Mistral AI's Series C funding round as the lead investor to support the AI company's development and strengthen the partnership.
Key quotes
· 3 pulledToday, leading semiconductor equipment manufacturer ASML Holding NV (ASML) and France-based AI leader Mistral AI announced a strategic partnership based on a long-term collaboration agreement to explore the use of AI models across ASML's product portfolio as well as research, development and operations
ASML is investing 1.3 billion EUR in Mistral AI's Series C funding round as lead investor, in order to support its development and reinforce the long-term partnership benefits
to benefit ASML customers with faster time to market and higher performance holistic lithography systems
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